2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 2. SECURITIES AND FRANCHISES
CHAPTER 6. Indiana Commodity Code
23-2-6-40. Summary orders; final orders

Universal Citation: IN Code § 23-2-6-40 (2018)
IC 23-2-6-40 Summary orders; final orders

     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.

As added by P.L.177-1991, SEC.10.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.