312 IAC 14-5-1 Issuance of bond forfeiture

Sec. 1. The division director may, under IC 4-21.5-3-6, issue a notice of bond forfeiture for any of the following reasons: (1) A timber buyer has failed, as determined following a completed proceeding under 312 IAC 14-6, to pay when due any amount owed to a timber grower for timber purchased. (2) A timber buyer has failed, as determined following a completed proceeding under 312 IAC 14-6, to pay damages for timber wrongfully cut by a timber buyer or an agent. (3) A notice of violation has been issued against a timber buyer under 312 IAC 14-4-2 and the timber buyer has failed to do either of the following: (A) Abates the violation. (B) Request administrative review of the notice of violation in a timely fashion. Provided, however, that the division director may forfeit bond where the opportunity for review is exhausted, and a determination is made with respect to a notice of violation which is adverse to a timber buyer.