Division's Review of Applications; Request for Additional Information

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Sec. 13. (a) The division shall review all applications to ensure that the applications are complete.

(b) If an application is not complete, the application shall be returned to the claimant with a brief statement of the additional information required.

(c) The claimant may, not more than thirty (30) days after receipt of the request for additional information, either supply the information or appeal to the securities commissioner as to the completeness of the application.

(d) The decision of the securities commissioner as to the completeness of the application is final.

(e) The division shall deny the application if:

(1) the applicant does not furnish additional information; or

(2) additional time is not granted by the securities commissioner for good cause.

As added by P.L.114-2010, SEC.12.


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