in-20250903-IR-710240641RNA: STATUTORY AUTHORITY: IC 23-2-4-24

TITLE 710 SECURITIES DIVISION Notice of Public Comment Period for Rule Readoption LSA Document # 24-641 Readopts rules in anticipation of IC 4-22-2.6, providing that an administrative rule adopted under IC 4-22-2 expires January 1 of the fifth year after the year in which the rule takes effect unless the rule contains an earlier expiration date. Effective 30 days after filing with the publisher. STATUTORY AUTHORITY: IC 23-2-4-24 OVERVIEW Rules to be readopted without changes are as follows: Rules to be repealed are as follows: SUMMARY OF FINDINGS UNDER IC 4-22-2.6-4 These rules were adopted in 1985 as Indiana Register Document 8 IR 610.  As part of this readoption, the Indiana Securities Division (division) reexamined the economic impact statement, fiscal analysis on state and local government, cost benefit analysis, and small business impact statement for each rule.  The division has found that those fiscal analyses have borne out accurately.  There was no fiscal impact on state or local government.  The economic impact on small businesses incurred to come into compliance with the rules have already been borne.  These costs now represent only start-up costs for new entities.  On balance, the division finds those costs to be more beneficial than the relatively low financial cost to the business.  The division has received no significant complaints related to the rule since it was imposed and has not encountered any significant difficulties in managing its application. The rule continues to be needed in order to protect Hoosiers who elect to invest in residential services at a Continuing Care Retirement Community. REQUEST FOR PUBLIC COMMENT The division is soliciting public comment on rules expiring under IC 4-22-2.6. Comments may be submitted in one of the following ways: COMMENT PERIOD DEADLINE All comments must be postmarked or time stamped not later than October 3, 2025. Legislative Notice for Rule Readoption: 20241231-IR-710240641LNA Readoption Review: 20250903-IR-710240641RAA Submitted to Publisher: August 29, 2025