Section 421-B:28 Rulemaking Authority; Forms; Orders.


   I. The secretary of state may adopt rules pursuant to RSA 541-A relative to:
      (a) Registration statements;
      (b) Applications;
      (c) Reports;
      (d) Definitions of terms consistent with this chapter, whether or not they are used in the chapter;
      (e) Classification of securities, persons and matters within the jurisdiction of the secretary of state and different requirements for different classes; and
      (f) Any other matter reasonably necessary to carry out the provisions of this title.
   II. The secretary of state may prepare, alter or withdraw such forms as are necessary to comply with the provisions of this title.
   III. The attorney general may issue, amend or rescind such orders as are reasonably necessary to carry out the provisions of this chapter.
   IV. All actions undertaken by the secretary of state pursuant to this section shall be taken only when the secretary of state finds such action necessary or appropriate to the public interest or for the protection of investors and consistent with the purposes fairly intended by the policy and provisions of this title. In adopting rules, preparing forms, setting standards, and reviewing offerings, the secretary of state may cooperate with the securities administrators of other states, self regulatory organizations, and the Securities and Exchange Commission in order to implement the policy of this chapter in an efficient and effective manner and to achieve maximum uniformity in the form and content of registration statements, applications, reports, and requirements for issuers, broker-dealers, and investment advisors, where practicable.
   V. The secretary of state may use a standard form widely used in the industry, including forms promulgated by the Securities and Exchange Commission, provided such forms are incorporated by reference in rules adopted by the secretary of state pursuant to RSA 541-A.

Source. 1981, 214:1. 1987, 411:2. 1991, 355:89, II. 1992, 288:31. 1994, 388:23. 1996, 239:35, eff. Aug. 9, 1996.