§ 27-15-4-5 — Publication of notice

Indiana § 27-15-4-5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 15: DEMUTUALIZATION OF MUTUAL INSURANCE
• Ch. 4: Public Hearing and Commissioner's Determination

Text

(a) The converting mutual shall cause notice
of the public hearing to be published in a newspaper of general
circulation in the city where the principal office of the converting
mutual is located, in Indianapolis, and in any other city specified by the
commissioner at the time the commissioner determines that the
application is complete.
(b) The notice shall be published at least two (2) times at intervals
of not less than two (2) weeks, the first publication to be not more than
forty-five (45) days and the last publication not less than fifteen (15)
days before the public hearing. The notice of the public hearing shall
state the purpose of the hearing and the date, time, and place where the
hearing will occur.
(c) The converting mutual shall provide the commissioner with the
proposed form and content of the notice not less than fifteen (15) days
before it is to be first published, and the commissioner shall approve or
disapprove the form and content of the notice within ten (10) days after
its submission to the commissioner.

Legislative History

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