Sec. 1. Not more than sixty (60) days after the filing of a plan of reorganization that:

(1) is complete; and

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(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.