502.604A  Court action.

If a person fails or refuses to file any statement or report or to produce any books, papers, correspondence, memoranda, agreements, or other documents or records, or to obey any subpoena issued by the administrator, the administrator may refer the matter to the attorney general, who may apply to a district court to enforce compliance. The court may order any or all of the following:

1.  Injunctive relief, restricting or prohibiting the offer or sale of securities.

2.  Revocation or suspension of any license or registration.

3.  Production of documents or records, including but not limited to books, papers, correspondence, memoranda, or agreements.

4.  Such other relief as may be required.

Such an order shall be effective until the person files the statement or report or produces the documents requested, or obeys the subpoena.

Section History: Recent form

  91 Acts, ch 40, §34; 94 Acts, ch 1031, §17


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