Indiana Statutes
§ 23-2-6-40 — Summary orders; final orders
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 2 SECURITIES AND FRANCHISES·Ch. 6 Indiana Commodity Code
(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)e
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Legislative History
As added by P.L.177-1991, SEC.10.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"