Ind. Code § 27-14.5-4-1
Not more than sixty (60) days after the filing of a plan of reorganization that:
(2) does not include a plan to issue stock;
the commissioner shall approve the plan without holding a hearing unless the commissioner concludes that one (1) or more of the findings listed in section 6 of this chapter is likely to be made.
As added by P.L.226-2023, SEC.30.