Licensing requirements of successor owner

Ind. Code § 26-3-7-8.5
in effect
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Sec. 8.5. (a) If the ownership of a facility or business licensed under this chapter passes to a successor owner, the obligations under this chapter of the original licensee do not cease until the successor owner is properly licensed and has executed a successor's agreement with the agency. (b) A license issued under this chapter is not transferable or assignable to any person, including successors in interest to the licensee. As added by P.L.125-1997, SEC.27. Amended by P.L.114-2025, SEC.17.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/26Fetched: 10/17/2026

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