Indiana Code § 15-17-11-8

Prorated fees
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Sec. 8. The full amount of the fees specified in section 7 of this chapter must be paid for licenses and transport vehicle certificates issued before one-half (1/2) of the license period has expired. However, one-half (1/2) of the fee must be paid for licenses and certificates issued after at least one-half (1/2) of the license period has expired. [Pre-2008 Recodification Citation: 15-2.1-16-8.]

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