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.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 […]
Section 80A.80 — Section 603; Civil Enforcement.
80A.80 SECTION 603; CIVIL ENFORCEMENT. (a) Civil action instituted by administrator. If the administrator believes that a person has engaged, is engaging, or is about to engage in an act, practice, or course of business constituting a violation of this chapter or a rule adopted or order issued under this chapter or that a person […]
Section 80A.81 — Section 604; Administrative Enforcement.
80A.81 SECTION 604; ADMINISTRATIVE ENFORCEMENT. (a) Issuance of an order or notice. If the administrator determines that a person has engaged, is engaging, or is about to engage in an act, practice, or course of business constituting a violation of this chapter or a rule adopted or order issued under this chapter or that a […]
Section 80A.82 — Section 605; Rules, Forms, Orders, Interpretative Opinions, And Hearings.
80A.82 SECTION 605; RULES, FORMS, ORDERS, INTERPRETATIVE OPINIONS, AND HEARINGS. (a) Issuance and adoption of forms, orders, and rules. The administrator may: (1) issue forms and orders and, in accordance with chapter 14, may adopt and amend rules necessary or appropriate to carry out this chapter and may repeal rules, including rules and forms governing […]
Section 80A.83 — Section 606; Administrative Files And Opinions.
80A.83 SECTION 606; ADMINISTRATIVE FILES AND OPINIONS. (a) Public register of filings. The administrator shall maintain, or designate a person to maintain, a register of applications for registration of securities; registration statements; notice filings; applications for registration of broker-dealers, agents, and investment advisers; notice filings by federal covered investment advisers that are or have been […]
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 […]