Sec. 20-329u. Desist order for violation. Appeal.
Sec. 20-329u. Desist order for violation. Appeal. Whenever the commission
finds that (1) any person is violating the provisions of sections 20-329o to 20-329bb,
inclusive, (2) any person is conducting business as a real property securities dealer or
issuer in an unsafe or injurious manner, (3) the further sale of real property securities
by any person under the provisions of said sections would be unfair, unjust or inequitable,
or (4) the method used by any person in the sale of real property securities would work
a fraud upon the purchasers, the commission may order such person to desist and refrain
from violating the provisions of said sections or from further sales of real property
securities. Any person aggrieved by any order issued by the commission under this
section may appeal under section 20-329aa.
(1971, P.A. 603, S. 8; P.A. 98-10, S. 58.)
History: P.A. 98-10 made technical changes.