Sec. 1. (a) The commissioner shall determine, within forty-five (45) days after the later of:

(1) the submission of an application for approval of a plan of conversion; or

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Terms Used In Indiana Code 27-15-4-1

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
(2) the submission of any amendment to the application;

whether the application is complete.

     (b) Upon determining that the application is complete, the commissioner shall designate a date for a public hearing on the plan of conversion and the amendment to the articles of incorporation.

     (c) No public hearing by the commissioner under this chapter is required for a simple plan of conversion.

As added by P.L.94-1999, SEC.3.