Sec. 5.5. (a) Notwithstanding section 5 of this chapter, a county legislative body (as defined in IC 36-1-2-9) may annually:
(1) set the amount of the bond required under section 5 of this chapter in any amount that is not greater than the amount required in section 5 of this chapter; or
(2) waive the bond required under section 5 of this chapter.
(b) A county legislative body that reduces or waives the bond under subsection (a) must inform the auditor of the county of the following:
(1) Whether a bond is required to be filed with an application with the auditor for a transient merchant license.
(2) The amount of the bond if a bond is required.
(c) An applicant filing for a transient merchant license must do the following:
(1) If filing for a transient merchant license with a county auditor who has been informed of a reduced bond under subsection (b), the applicant must file:
(A) an application; and
(B) the bond;
with the county auditor.
(2) If filing for a transient merchant license with a county auditor who has been informed that a bond has been waived under subsection (b), the applicant must file only an application.
(d) A bond required under subsection (a)(1), although not in the amount required under section 5 of this chapter, will for all other purposes be treated like a bond issued under section 5 of this chapter.
As added by P.L.221-1993, SEC.2.
Structure Indiana Code
Title 25. Professions and Occupations
Article 37. Transient Merchants
Chapter 1. Regulation of Transient Merchants by Local Governmental Units
25-37-1-2. "Transient Merchant" Defined
25-37-1-3. Necessity for License
25-37-1-4. Application for License; Attached Statements
25-37-1-5. Surety Bond; Agent for Service of Process; Action Upon Bond
25-37-1-5.5. Reduction and Waiver of Surety Bond
25-37-1-6.5. Reduction and Waiver of License Fee
25-37-1-7. Issuance of License; Transferability; Use and Validity of License; Record of Licenses
25-37-1-8. Inventory of Goods Sold
25-37-1-11. Municipal Authority Over Transient Merchants
25-37-1-12. Use and Disposition of Receipts
25-37-1-13. Temporary Association or Partnership
25-37-1-14. Veterans; License Fees; Counties Having Consolidated Cities
25-37-1-15. Holders of Registered Retail Merchant's Certificates in Certain Counties