Ind. Code § 14-36-1-22

Current through P.L. 171-2024

Section 14-36-1-22 - Penalty bond

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.

IC 14-36-1-22

Pre-1995 Recodification Citation: 13-4-6-5(f) part.

As added by P.L. 1-1995, SEC.29.