45-17-111 - Regulations Examinations.
45-17-111. Regulations Examinations.
(a) The commissioner may promulgate reasonable regulations in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, for the enforcement of this chapter. A copy of any rule or regulation adopted by the commissioner shall be mailed to each license holder at least thirty (30) days before the date it takes effect.
(b) To assure compliance with the provisions of this chapter, the commissioner may examine the relevant business, books and records of any licensee. The commissioner may charge and collect an examination fee of two hundred dollars ($200) per day per examiner for any compliance examination conducted by the commissioner, which fee shall not exceed one thousand two hundred dollars ($1,200) per year.
(c) The commissioner, for the purpose of discovering violations of this chapter and for the purpose of determining whether persons are subject to the provisions of this chapter, is authorized to examine persons licensed under this chapter and persons reasonably suspected by the commissioner of conducting business that requires a license under this chapter, including all relevant books, records and papers employed by the persons in the transaction of their business, and to summon witnesses and examine them under oath concerning matters relating to the business of the persons, or other matters that may be relevant to the discovery of violations of this chapter, including, but not limited to, the conduct of business without a license as required under this chapter.
[Acts 1997, ch. 255, § 12; 1999, ch. 14, § 1.]