(a) On the filing of a complete application to incorporate, as defined by rules adopted by the finance commission, the commissioner shall:
(1) issue public notice of the application; and
(2) give any interested person an opportunity to appear, present evidence, and be heard for or against the application.
(b) A hearing officer designated by the commissioner shall hold the hearing.
(c) The hearing officer shall file with the commissioner a report on the hearing. The report must:
(1) specify findings of fact on each condition described by Section 92.058; and
(2) identify the evidence that forms the basis for those findings.
(d) A hearing is not required if:
(1) before the 11th day after the date the notice of application is published, no person has notified the commissioner in writing that the person intends to appear and present evidence at the hearing; and
(2) the commissioner finds that the application complies with all statutory requirements for approval.