59.1-441.4 - Investigations.
§ 59.1-441.4. Investigations.
A. The Commissioner may, with respect to the offering of subscriptioncontracts:
1. Make necessary public and private investigations within or without theCommonwealth to determine whether any person has violated the provisions ofthis chapter or any rule, regulation, or order issued pursuant to thischapter;
2. Require or permit any person to file a statement in writing, under oath,or otherwise as the Commissioner determines, as to all facts andcircumstances concerning the matter under investigation; and
3. Administer oaths or affirmations, and upon motion or upon request of anyparty, may subpoena witnesses, compel their attendance, take evidence, andrequire the production of any matter that is relevant to the investigation,including the existence, description, nature, custody, condition, andlocation of any books, documents, or other tangible things and the identityand location of persons having knowledge of relevant facts, or any othermatter reasonably calculated to lead to the discovery of material evidence.
B. Any proceeding or hearing of the Commissioner pursuant to this chapter, inwhich witnesses are subpoenaed and their attendance required for evidence tobe taken, or any matter produced to ascertain material evidence, shall takeplace within the City of Richmond.
C. If any person fails to obey the subpoena or to answer questions propoundedby the Commissioner and upon reasonable notice to all persons affectedthereby, the Commissioner may apply to the Circuit Court of the City ofRichmond for an order compelling compliance.
(2004, c. 784.)