The commission shall determine the amount of a penalty bond subject to the following:(1) A bond may not be less than:(A) five thousand dollars ($5,000); or(B) one thousand dollars ($1,000) per acre;whichever is larger.(2) The total bond may not be greater than five thousand dollars ($5,000) per acre.[Pre-1995 Recodification Citation: 13-4-6-5(f) part.]As added by P.L.1-1995, SEC.29.
Indiana Legal Code