The initial application and any renewal application must include a financial statement that:(1) is prepared in accordance with standards adopted by the director;(2) indicates the applicant meets minimum financial responsibility standards adopted by the director; and(3) is prepared by a third party acceptable to the director.(b) The initial application and any renewal application must be accompanied by proof that the applicant:(1) has executed a bond in accordance with section 5.5 of this chapter and payable to the state, in an amount determined by the director; and(2) has obtained property and casualty insurance coverage, in an amount determined by the director;in accordance with standards adopted by the director.(c) Any standards adopted by the director and described in subsection (a)(1), (a)(2), or (b) must be made available:(1) for public inspection and copying at the offices of the department under IC 5-14-3; and(2) electronically through the computer gateway administered by the office of technology established by IC 4-13.1-2-1.(d) If the ction and copying at the offices of the department under IC 5-14-3; and(2) electronically through the computer gateway administered by the office of technology established by IC 4-13.1-2-1.(d) If the department of state revenue notifies the department that a person is on the most recent tax warrant list, the department shall not issue or renew the person's license until:(1) the person provides to the department a statement from the department of state revenue that the person's tax warrant has been satisfied; or(2) the department receives a notice from the commissioner of the department of state revenue under IC 6-8.1-8-2(k).Formerly: Acts 1935, c.195, s.5. As amended by P.L.14-1992, SEC.134; P.L.42-1993, SEC.75; P.L.45-1995, SEC.23; P.L.80-1998, SEC.12; P.L.10-2006, SEC.40 and P.L.57-2006, SEC.40; P.L.172-2011, SEC.133; P.L.216-2013, SEC.35.
Indiana Legal Code