{"data":{"id":"us-in/ic-7.1-3-22-10","jurisdiction":"us-in","citation":"IC 7.1-3-22-10","heading":"City or town purchasing permit issued in excess of quota; return and retirement of permit","body":"Sec. 10. (a) This section applies to a permit subject to a quota under this article that:\n(1) exceeds the permissible number of permits under the quota; and\n(2) is eligible for renewal by law despite the permit exceeding the quota.\n(b) A city or town may purchase a permit described in subsection (a) from the permit holder. The purchase price must be agreed to by:\n(1) the permit holder; and\n(2) the executive (as defined in IC 36-1-2-5) of the respective city or town, with the approval of the legislative body (as defined in IC 36-1-2-9) of the respective city or town.\n(c) The executive of a city or town that purchases a permit under subsection (b) shall return the permit to the commission.\n(d) The commission shall retire a permit received under subsection (c) and may not issue to another person a permit received under subsection (c).","path":["TITLE 7.1. ALCOHOL AND TOBACCO","ARTICLE 3. PERMITS","Chapter 22. Quotas on Issuance of Permits"],"source_url":"https://iga.in.gov/ic/2026/Title_7.1.html#7.1-3-22-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-12T01:57:19Z","sha256":"b82916e7763fdc4a9d787a3a0912e97e333acbaaba9a857481e9af816d77e7d2","source_id":"us-in","stale":false,"prev":"us-in/ic-7.1-3-22-9","next":"us-in/ic-7.1-3-23-1"},"notice":"GroundRules: Original legal text. Not legal advice."}