| (a) A decision or order in a contested case is final:
(1) if a motion for rehearing is not filed on time,
on the expiration of the period for filing a motion for rehearing;
(2) if a motion for rehearing is timely filed, on the
date:
(A) the order denying the latest filed motion for rehearing
is signed; or
(B) the latest filed motion for rehearing is overruled
by operation of law;
(3) if the Commission finds that an imminent peril
to the public health, safety, or welfare requires immediate effect
of a decision or order, on the date the decision or order is signed,
provided that the agency incorporates in the decision or order a factual
and legal basis establishing an imminent peril to the public health,
safety, or welfare; or
(4) on:
(A) the date specified in the decision or order for
a case in which all parties agree to the specified date in writing
or on the record; or
(B) if the agreed specified date is before the date
the decision or order is signed, the date the decision or order is
signed.
(b) If a decision or order is final under subsection
(a)(3) of this section, the Commission shall recite in the decision
or order the finding made under that subsection and the fact that
the decision or order is final and effective on the date signed.
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