Indiana Code
Chapter 6. Indiana Commodity Code
23-2-6-39. Administrative Proceedings

Sec. 39. (a) The commissioner shall initiate an administrative proceeding under this chapter by entering a notice of intent to take a specific act or by entering a summary order. The notice of intent or summary order:
(1) may be entered without notice;
(2) may be entered without opportunity for a hearing;
(3) is not required to be supported by findings of fact or conclusions of law; and
(4) must be in writing.
(b) After entering a notice of intent or summary order, the commissioner shall promptly notify all interested parties that the notice of intent or summary order has been entered and of the reasons for the entry.
(c) If a proceeding is under a notice of intent, the commissioner shall inform all interested parties of the date, time, and place set for the hearing on the notice.
(d) If the proceeding is under a summary order, the commissioner shall inform all interested parties that:
(1) the parties have thirty (30) business days from the entry of the order to file with the commissioner a written request for a hearing on the matter; and
(2) a hearing will be scheduled to begin not later than thirty (30) business days after the receipt of a written request.
(e) If the proceeding is under a summary order, the commissioner may, by the commissioner's own motion, set a hearing for the proceeding, whether or not a written request for a hearing is received from an interested party.
As added by P.L.177-1991, SEC.10.

Structure Indiana Code

Indiana Code

Title 23. Business and Other Associations

Article 2. Securities and Franchises

Chapter 6. Indiana Commodity Code

23-2-6-1. "Board of Trade" Defined

23-2-6-2. "Commissioner" Defined

23-2-6-3. "Cftc Rule" Defined

23-2-6-4. "Commodity" Defined

23-2-6-5. "Commodity Broker-Dealer" Defined

23-2-6-6. "Commodity Contract" Defined

23-2-6-7. "Commodity Exchange Act" Defined

23-2-6-8. "Commodity Futures Trading Commission" Defined

23-2-6-9. "Commodity Merchant" Defined

23-2-6-10. "Commodity Option" Defined

23-2-6-11. "Commodity Sales Representative" Defined

23-2-6-12. "Financial Institution" Defined

23-2-6-13. "Offer" Defined

23-2-6-14. "Person" Defined

23-2-6-15. "Precious Metal" Defined

23-2-6-16. "Sale" Defined

23-2-6-17. Limitations; Commodity Contracts or Options

23-2-6-18. Persons Permitted to Offer Transactions Under Ic 23-2-6-17

23-2-6-19. Contracts or Transactions Permitted Under Ic 23-2-6-17

23-2-6-20. Waiver of Requirements; Qualified Sellers; Limitation on Authority to Engage in Business

23-2-6-21. Summary Denial or Suspension of Exemption; Qualified Sellers

23-2-6-22. Rules; Orders

23-2-6-23. Registration of Commodity Merchants; Places for Trading Commodities or Options

23-2-6-24. Fraud

23-2-6-25. Liability; Violation of Chapter

23-2-6-26. Effect of Chapter on Securities Law

23-2-6-27. Construction and Implementation of Chapter

23-2-6-28. Investigations; Examinations; Hearings; Civil Penalties

23-2-6-29. Cease and Desist Orders; Civil Remedies

23-2-6-30. Violations; Special Remedies

23-2-6-31. Commodity Codes of Other States; Violations; Remedies

23-2-6-32. Bonds; Official Actions

23-2-6-33. Penalties

23-2-6-34. Administration of Chapter

23-2-6-35. Cooperation With Other Authorities

23-2-6-36. Rules; Forms; Orders

23-2-6-37. Service of Process

23-2-6-38. Application of Sections Ic 23-2-6-17, Ic 23-2-6-23, and Ic 23-2-6-24

23-2-6-39. Administrative Proceedings

23-2-6-40. Summary Orders; Final Orders

23-2-6-41. Review; Final Orders of Commissioner

23-2-6-42. Burden of Proof; Exemptions

23-2-6-43. Failure to Make Physical Delivery; Defenses