Indiana § 13-20-2-1 - Financial statement
Full text of Indiana Indiana Code § 13-20-2-1 — Financial statement, with citation guidance and answers to common questions.
§ 13-20-2-1. Financial statement
Sec. 1. Before an original permit for the construction or operation of a landfill may be granted, the applicant must submit a statement of financial position that meets the following requirements:
(1) The statement must have been prepared in accordance with generally accepted accounting principles.
(2) The statement must have been audited by an independent certified public accountant.
(3) The accountant referred to in subdivision (2) must have issued an unqualified opinion as to the statement.
(4) The statement must indicate that, at the end of the calendar year or fiscal year immediately preceding the year in which the permit would be issued, the applicant had a positive net worth of at least two hundred fifty thousand dollars ($250,000).
[Pre-1996 Recodification Citation: 13-7-22-2(c).]
As added by P.L.1-1996, SEC.10.
Frequently Asked Questions About Indiana § 13-20-2-1
What does Indiana Code § 13-20-2-1 cover?
Section 13-20-2-1 ("Financial statement") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 13-20-2-1?
A common citation format is "Indiana Code § 13-20-2-1" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 13-20-2-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.