As Amended
SEC. 75-71-327. Cancellation of registration or application.
If the Secretary of State finds that any registrant or applicant for registration is no longer in existence or has ceased to do business as a broker-dealer, agent, investment adviser or investment adviser representative, or is subject to an adjudication of mental incompetence or to the control of a committee, conservator or guardian, or cannot be located after reasonable search, the Secretary of State may by order cancel the registration or application.
SOURCES: Laws, 1981, ch. 521, Sec. 204; 1990, ch. 352, Sec. 10, eff from and after passage (approved March 12, 1990).