Indiana § 16-21-10-18 - Interest on late payments; license revocations for payments at least 120 days overdue
Full text of Indiana Indiana Code § 16-21-10-18 — Interest on late payments; license revocations for payments at least 120 days overdue, with citation guidance and answers to common questions.
§ 16-21-10-18. Interest on late payments; license revocations for payments at least 120 days overdue
Sec. 18. (a) A hospital shall pay to the office interest on any fee that is paid eleven (11) or more days after the payment date. The interest must be applied at the same rate as the rate determined under IC 12-15-21-3(6)(A).
(b) The office shall report to the state department each hospital that fails to pay the fee within one hundred twenty (120) days after the payment date. The state department shall do the following concerning a hospital described in this subsection:
(1) Notify the hospital that the hospital's license under IC 16-21 will be revoked if the fee is not paid.
(2) Revoke the hospital's license under IC 16-21 if the hospital fails to pay the fee. IC 4-21.5-3-8 and IC 4-21.5-4 apply to this subdivision.
As added by P.L.205-2013, SEC.214. Amended by P.L.9-2024, SEC.373.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 16-21-10-18
What does Indiana Code § 16-21-10-18 cover?
Section 16-21-10-18 ("Interest on late payments; license revocations for payments at least 120 days overdue") 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 § 16-21-10-18?
A common citation format is "Indiana Code § 16-21-10-18" (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 § 16-21-10-18 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.