Ind. Code § 25-42-9-4
Failure to cure a default
Indiana · Indiana Code Title 25 — Professions and Occupations · Status: effective
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- Ind. Code § 25-42-9-4, Failure to cure a default, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1660116
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Full text
Sec. 4.
(a) If a state in default fails to cure the default, the defaulting state's membership in this compact may be terminated upon an affirmative vote of a majority of the administrators, and all rights, privileges, and benefits conferred by this compact may be terminated on the effective date of termination.
(b) A cure of the default does not relieve the offending state of obligations or liabilities incurred during the period of default.