TITLE 19
Financial institutions
CHAPTER 19-28.1
Franchise Investment Act
SECTION 19-28.1-26
§ 19-28.1-26 Powers of director.
(a) The director may make public or private investigations inside or outside
this state or determine whether a person has violated, is violating, or is
about to violate a provision of this act. The director may investigate to aid
in the enforcement of this act or in prescribing rules under this act. The
director may publish information concerning the violation of this act or a rule
or order under this act.
(b) The director may keep confidential any information
obtained in the course of an investigation.
(c) The director may investigate suspected criminal
violations of this act and may refer evidence to the attorney general or a
prosecuting attorney. Upon request of the attorney general or prosecuting
attorney, the director and the director's attorneys, deputies or assistants may
assist in presenting the law or facts at trial.
(d) For the purposes of an investigation or proceeding under
this act, the director may subpoena witnesses, compel their attendance, examine
them under oath, or require the production of any documents, or tangible
things, which the director deems relevant or material to this investigation or
proceeding. The subpoena must state the date, place and time at which the
person is required to appear or produce documentary material.
(e) A director's subpoena shall be served in accordance with
the service of process requirements of civil litigation in this state.
(f) Upon application of the director, a court may compel
compliance with a subpoena through a contempt proceeding.
History of Section.
(P.L. 1993, ch. 395, § 2.)