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§ 27-14-5-4-1 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 14.5 - Mutual Insurance Holding Company Law/
  6. Chapter 4 - Public Hearing, Public Comment, Commissioner Approval, and Effective Date of Plan27-14.5-4-1. Insurance Commissioner Approval of Plan of Reorganization/
  7. § 27-14-5-4-1
Indiana Legal Code

§ 27-14-5-4-1

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Not more than sixty (60) days after the filing of a plan of reorganization that:(1) is complete; and(2) does not include a plan to issue stock;the commissioner shall approve the plan without holding a hearing unless the commissioner concludes that one (1) or more of the findings listed in section 6 of this chapter is likely to be made.As added by P.L.226-2023, SEC.30.