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Indiana Code Title 23. Business and Other Associations § 23-2-6-40

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 40. (a) A summary order becomes a final order if:

(1) thirty (30) business days have passed since the summary order was entered;  and

(2) a hearing on the order is not:

(A) requested under section 39(d) of this chapter;  or

(B) ordered by the commissioner under section 39(e) of this chapter.

(b) If a hearing on an order is requested or ordered under section 39 of this chapter, the commissioner may modify, vacate, or extend the order until final determination after the commissioner has provided:

(1) a notice of a hearing to all interested persons;  and

(2) an opportunity for a hearing by all interested persons.

(c) A final order or an order after a hearing may not be returned without:

(1) appropriate notice to all interested persons;

(2) opportunity for hearing by all interested persons;  and

(3) entry of written findings of fact and conclusions of law.

(d) All hearings in an administrative proceeding under this chapter shall be subject to IC 5-14-1.5.

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Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-2-6-40 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-2-6-40/

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