[§343D-4] Hearing. (a) If the office has probable cause to believe that a statement filed by any persons pursuant to section 343D-3 is either incomplete, inadequate, or misleading in any way, the office may in its discretion issue an order extending the fifteen-day waiting period described in the previous section for no more than an additional forty-five days pending a hearing.

(b) The subject of the hearing shall be the adequacy, accuracy, and completeness of the filing made pursuant to the preceding section. The hearing must be commenced within thirty days of the filing at issue and must be concluded within fifty-five days of the filing. The hearing shall be public and any person with information relevant to the subject of the hearing shall be given an opportunity to testify either in person or in writing. Within five days of the conclusion of the hearing, the office shall issue a written, public opinion on the adequacy, completeness, and accuracy of the filing. [L 1982, c 53, pt of §2]