Sec. 371.061. PERIOD FOR FINAL DECISION TO APPROVE OR DENY. Unless the applicant and the commissioner agree in writing to a later date, the commissioner shall approve or deny the application before the 61st day after the later of the date on which: (1) the application is filed and the required fees are paid; or (2) a hearing on the application is completed. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.