IC 27-14.5-4-2: Public hearing or opportunity for public comment on plan of reorganization
Where this section sits in the code
- TITLE 27. INSURANCE
- ARTICLE 14.5. MUTUAL INSURANCE HOLDING COMPANY LAW
- Chapter 4. Public Hearing, Public Comment, Commissioner Approval, and Effective Date of Plan
Sec. 2. Not more than sixty (60) days after:
(1) the filing of a plan of reorganization that:
(A) is complete; and
(B) includes a plan to issue stock; or
(2) the filing of an application with respect to a plan to issue stock that is:
(A) complete; and
(B) filed sometime after the consummation of an approved plan of reorganization;
the commissioner may, if deemed necessary because the commissioner believes that one (1) or more of the findings listed in section 6 of this chapter may be made, conduct a public hearing or allow public comment for a period of not more than sixty (60) days to afford interested persons an opportunity to present information, views, arguments, or comments in regard to the proposed plan.
Collected 2026-09-25T05:39:04Z. Source file · JSON