Sec. 1. (a) The plumbers recovery fund is established for: (1) the purpose set out in this chapter; and (2) carrying out the duties of the Indiana plumbing commission. The fund shall be administered by the Indiana plumbing commission. (b) The treasurer of state shall invest the money in the fund not currently needed to […]
Sec. 10. (a) If the plumbing commission is required to make any payment from the plumbers recovery fund in settlement of a claim or toward the satisfaction of an order under this chapter, the plumbing commission shall suspend the judgment debtor’s license. The licensee is not eligible to be licensed again as either a plumbing […]
Sec. 11. When the plumbing commission has ordered and caused payment to be made from the plumbers recovery fund to a judgment creditor, the plumbing commission is subrogated to the rights of the judgment creditor with respect to the amount paid. As added by P.L.260-1987, SEC.1. Amended by P.L.134-2013, SEC.16.
Sec. 12. Subject to the approval of the budget agency, the commission may expend the interest earned by the plumbers recovery fund for the following: (1) Publications that provide: (A) information concerning the commission’s activities and administrative rulings; and (B) other educational information concerning the practice of plumbing. (2) Educational programs concerning the practice of […]
Sec. 13. (a) The office of the attorney general shall provide the staff assistance necessary to: (1) enable the plumbing commission to perform its duties under this chapter; and (2) enforce this chapter. (b) Expenses incurred by the office of the attorney general under this section shall be paid from the plumbers recovery fund. As […]
Sec. 2. (a) If the total amount in the plumbers recovery fund (including principal and interest) plus estimated revenues from the fee assessed under section 2.1 of this chapter from July 1 of the current year through June 30 of the next year will be less than three hundred thirty thousand dollars ($330,000) on June […]
Sec. 2.1. (a) At the time of initial licensure under this article, each licensee shall pay the fees established by the commission under IC 25-1-8-2 for the following: (1) A plumbing contractor. (2) A journeyman plumber. (b) Fees collected under subsection (a) shall be placed in the plumbers recovery fund. (c) The fee assessed under […]
Sec. 2.2. If the total amount in the plumbing recovery fund (including principal and interest) exceeds five hundred fifty thousand dollars ($550,000) at the end of a state fiscal year after the payment of all claims and expenses, the amount in excess of five hundred fifty thousand dollars ($550,000) reverts to the state general fund. […]
Sec. 3. Any interest earned on investment of money in the plumbers recovery fund shall be credited at least annually to the fund. No money may be appropriated from the state general fund for payment of any expenses incurred under this chapter, and none of these expenses may be charged against the state. As added […]
Sec. 4. (a) If any aggrieved person obtains a final judgment in any court against any plumbing contractor to recover damages for a violation under IC 25-1-11 or the plumbing codes of the state (with or without a finding by the Indiana plumbing commission) that results in an actual cash loss to the aggrieved person, […]
Sec. 5. (a) If the payment in full of two (2) or more pending valid claims that have been filed by aggrieved persons against a single plumbing contractor would exceed the fifty thousand dollar ($50,000) limit set forth in section 4 of this chapter, the fifty thousand dollars ($50,000) shall be distributed among the aggrieved […]
Sec. 6. Any plumbing contractor who is licensed or renews a license under this article after December 31, 1987, and upon whom personal service cannot be made with reasonable diligence shall be considered to have appointed the commission as the plumbing contractor’s agent for service of process for purposes of actions filed under section 4 […]
Sec. 7. An order for payment from the plumbers recovery fund may not be issued unless the action to recover from the plumbers recovery fund was commenced within two (2) years after the termination of all proceedings against the plumbing contractor for a violation under IC 25-1-11 or the plumbing codes of the state, including […]
Sec. 8. (a) When any person files an application for an order directing payment from the plumbers recovery fund, the plumbing commission shall promptly review and consider the application, and it may issue an order directing payment out of the plumbers recovery fund, as provided in section 9 of this chapter, subject to the limitation […]
Sec. 9. Upon a final order of the plumbing commission directing that payment be made out of the plumbers recovery fund, the plumbing commission shall, subject to sections 4 through 5 of this chapter, make the payment out of the plumbers recovery fund as provided in section 5 of this chapter. As added by P.L.260-1987, […]
