Ind. Code § 16-41-27-20
(b) If an operator does not apply for the renewal of a license before the date the license expires:
(2) the operator must pay the penalty fee set forth in section 24(b) of this chapter to obtain a new license.
[Pre-1993 Recodification Citation: 13-1-7-24.]
As added by P.L.2-1993, SEC.24. Amended by P.L.87-2005, SEC.19.