Sec. 2. (a) ELTF claims must be submitted in accordance with rules adopted by the financial assurance board under IC 13-23-11-7(a)(1)(B).
(b) If the administrator denies an ELTF claim, the administrator shall provide the claimant with a written explanation of all reasons for the denial of reimbursement.
(c) The administrator shall forward a copy of a claim approved under this section to the state comptroller not more than seven (7) days after approving the claim.
(d) Not more than thirty (30) days after receiving a copy of an approved ELTF claim under subsection (c), the state comptroller shall pay the ELTF claim to the claimant from the ELTF.