Sec. 8. (a) A final order issued under this chapter is effective:
(1) on the date specified in the order; or
(2) ten (10) days after service of the order, if an effective date is not specified in the order.
A final order issued upon consent under section 7(e) of this chapter is effective at the time specified in the order.
(b) A final order remains effective and enforceable as provided in the order.
(c) The department or a reviewing court may stay, modify, or vacate a final order.
As added by P.L.33-1991, SEC.56. Amended by P.L.89-2011, SEC.70.
Structure Indiana Code
Title 28. Financial Institutions
Article 11. Department of Financial Institutions
Chapter 4. Enforcement Powers of the Department
28-11-4-1. Application of Ic 4-21.5
28-11-4-5. Consent to a Final Order
28-11-4-7. Final Order; Remedies; Consent Presumed; Confidentiality
28-11-4-8. Final Order; Time in Effect
28-11-4-10. Enforcement of Orders, Agreements, and Conditions
28-11-4-11. Persons Suspended or Prohibited From Participation
28-11-4-12. Enforcement Powers Exercised Against Affiliate of Financial Institution