(a) The department may institute a suit upon a distributor's bond or letter of credit for the entire amount of the liability and costs under any of the following circumstances:
- (1) A registrant is convicted of a violation of any of the provisions of this chapter.
- (2) The registrant's certificate is revoked and no review is requested of the order of the revocation under section 17.2 of this chapter.
- (3) If on review of a revocation, the decision is adverse to the registrant, and the registrant refuses to pay any taxes, damages, fines, penalties, or costs adjudged against the registrant by reason of a violation of any of the provisions of this chapter.
- (b) Any suit upon the bond shall be in addition to any other remedy provided for in this chapter.
As added by P.L.128-2026, SEC.45.