Section 80A.88 — Section 611; Service Of Process.
80A.88 SECTION 611; SERVICE OF PROCESS. (a) Signed consent to service of process. A consent to service of process complying with this section required by this chapter must be signed and filed in the form required by a rule or order under this chapter. A consent appointing the administrator the person’s agent for service of […]
Section 80A.89 — Section 612; Severability Clause.
80A.89 SECTION 612; SEVERABILITY CLAUSE. If any provision of this chapter or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are […]
Section 80A.90 — Section 703; Application Of Act To Existing Proceeding And Existing Rights And Duties.
80A.90 SECTION 703; APPLICATION OF ACT TO EXISTING PROCEEDING AND EXISTING RIGHTS AND DUTIES. (a) Applicability of predecessor act to pending proceedings and existing rights. The predecessor act exclusively governs all actions or proceedings that are pending on August 1, 2007, or may be instituted on the basis of conduct occurring before August 1, 2007, […]
Section 80A.91 — Agent Errors And Omissions Insurance; Choice Of Source.
80A.91 AGENT ERRORS AND OMISSIONS INSURANCE; CHOICE OF SOURCE. A broker-dealer shall not require an agent to maintain insurance coverage for the agent’s errors and omissions from a specific insurance company. This section does not apply if the agent is an employee of that broker-dealer, or if the broker-dealer or affiliated insurance company contributes to […]
Section 80A.84 — Section 607; Public Records; Confidentiality.
80A.84 SECTION 607; PUBLIC RECORDS; CONFIDENTIALITY. (a) Presumption of public records. Except as otherwise provided in subsection (b), records obtained by the administrator or filed under this chapter, including a record contained in or filed with a registration statement, application, notice filing, or report, are public records and are available for public examination. (b) Nonpublic […]
Section 80A.85 — Section 608; Uniformity And Cooperation With Other Agencies.
80A.85 SECTION 608; UNIFORMITY AND COOPERATION WITH OTHER AGENCIES. (a) Objective of uniformity. The administrator shall, in its discretion, cooperate, coordinate, consult, and, subject to section 80A.84, share records and information with the securities regulator of another state, Canada, a Canadian province or territory, a foreign jurisdiction, the Securities and Exchange Commission, the United States […]
Section 80A.86 — Section 609; Judicial Review.
80A.86 SECTION 609; JUDICIAL REVIEW. (a) Judicial review of orders. A final order issued by the administrator under this chapter is subject to judicial review in accordance with chapter 14. (b) Judicial review of rules. A rule adopted under this chapter is subject to judicial review in accordance with chapter 14. History: 2006 c 196 […]
Section 80A.87 — Section 610; Jurisdiction.
80A.87 SECTION 610; JURISDICTION. (a) Sales and offers to sell. Sections 80A.49, 80A.50, 80A.56(a), 80A.57(a), 80A.58(a), 80A.68, 80A.73, 80A.76, and 80A.77 do not apply to a person that sells or offers to sell a security unless the offer to sell or the sale is made in this state or the offer to purchase or the […]
Section 80A.78 — Section 601; Administration.
80A.78 SECTION 601; ADMINISTRATION. (a) Administration. The administrator shall administer this chapter. (b) Unlawful use of records or information. It is unlawful for the administrator or an officer, employee, or designee of the administrator to use for personal benefit or the benefit of others records or other information obtained by or filed with the administrator […]
Section 80A.79 — Section 602; Investigations And Subpoenas.
80A.79 SECTION 602; INVESTIGATIONS AND SUBPOENAS. (a) Authority to investigate. The administrator may: (1) conduct public or private investigations within or outside of this state which the administrator considers necessary or appropriate to determine whether a person has violated, is violating, or is about to violate this chapter or a rule adopted or order issued […]