As Amended
SEC. 75-71-325. Summary postponement or suspension of registration; notice; hearing.
The Secretary of State may by order summarily postpone or suspend registration pending final determination of any proceeding under Sections 75-71-321 through 75-71-331. Upon entry of the order, the Secretary of State shall promptly notify the applicant or registrant, as well as the employer or prospective employer if the applicant or registrant is an agent or an investment adviser representative, that it has been entered and the reasons therefor and that fifteen (15) days after receipt of a written request the matter will be set down for hearing. If no hearing is requested and none is ordered by the Secretary of State, the order will remain in effect until it is modified or vacated by the Secretary of State. If a hearing is requested or ordered, the Secretary of State, after notice of and opportunity for hearing, may modify or vacate the order or extend it until final determination.
SOURCES: Laws, 1981, ch. 521, Sec. 204; 1990, ch. 352, Sec. 9, eff from and after passage (approved March 12, 1990).