Sec. 13. (a) The interstate commission may levy on and collect an annual assessment from each member state to cover the cost of the operations and activities of the interstate commission and its staff. The total assessment must be sufficient to cover the annual budget approved each year for which revenue is not provided by other sources. The aggregate annual assessment amount shall be allocated upon a formula to be determined by the interstate commission, which shall adopt a rule binding upon all member states.
(b) The interstate commission shall not incur obligations of any kind prior to securing the funds adequate to meet the same.
(c) The interstate commission shall not pledge the credit of any of the member states, except by, and with the authority of, the member state.
(d) The interstate commission shall be subject to a yearly financial audit conducted by a certified or licensed public accountant and the report of the audit shall be included in the annual report of the interstate commission.
As added by P.L.60-2022, SEC.2.
Structure Indiana Code
Title 25. Professions and Occupations
Chapter 16. Interstate Medical Licensure Compact
25-22.5-16-1. Purpose; Jurisdiction to Impose Adverse Action
25-22.5-16-3. Eligibility to Receive Expedited License; Member State Licensure Requirements
25-22.5-16-4. Designation of Physician's Member State; Redesignation; Rules
25-22.5-16-5. Application for Expedited License; Issuance; Fees; Termination; Fees
25-22.5-16-8. Data Base Established; Reported Information; Confidentiality; Rules
25-22.5-16-9. Investigative Records; Joint Investigations
25-22.5-16-10. Disciplinary Actions
25-22.5-16-12. Commission Powers
25-22.5-16-13. Annual Assessments; Financial Audit
25-22.5-16-14. Bylaws; Officers; Immunity
25-22.5-16-16. Compact Enforcement
25-22.5-16-17. Enforcement Actions
25-22.5-16-18. Default Procedures
25-22.5-16-19. Dispute Resolution
25-22.5-16-20. Effective Date of Compact; Amendments
25-22.5-16-21. Withdrawal From Compact
25-22.5-16-22. Dissolution of Compact
25-22.5-16-23. Severability; Construction
25-22.5-16-24. Binding Effect on Member States; Conflicting Laws