§ 7-11-207 - Examinations.

SECTION 7-11-207

   § 7-11-207  Examinations. – (a) The director may by rule or order impose an examination requirement upon anapplicant or class of applicants for licensing under this chapter.

   (b) An examination may be administered by the director or adesignee of the director. An examination may be oral or written or both and maydiffer for each class of applicants.

   (c) The director may by rule or order waive an examinationrequirement imposed under subsection (a) as to a person or class of persons ifthe director determines that the examination is not necessary for theprotection of investors.