Sec. 2. Not more than sixty (60) days after:

(1) the filing of a plan of reorganization that:

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(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.

As added by P.L.226-2023, SEC.30.