IC 27-14.5-4-7: Insurance commissioner to inform applicant of decision on plan of reorganization

Sec. 7. (a) The commissioner shall transmit to the applicant any order approving or disapproving a plan submitted under this article.

(b) If the commissioner disapproves a plan, the commissioner shall provide the applicant with a written statement detailing:

(1) the reasons for; and

(2) all findings in connection with;

the disapproval.