North Dakota Code § 51-23-16

Cooperation with other agencies
Open in Lexace · Ask the AI about this section
1. To encourage uniform application and interpretation of this chapter and securities 
regulation and enforcement in general, the commissioner and the employees of the 
commissioner may cooperate, including bearing the expense of the cooperation, with 
the securities agencies or administrator of another jurisdiction, Canadian province or 
territory or such other agencies administering this chapter, the commodity futures 
trading commission, the securities and exchange commission, any self -regulatory 
organization established under the Commodity Exchange Act or the Securities 
Exchange Act of 1934, any national or international organization of commodities or 
securities officials or agencies, and any governmental law enforcement agency.
2. The cooperation authorized by subsection 1 includes, but need not be limited to, the 
following:
a. Making joint examinations or investigations;
b. Holding joint administrative hearings;
c. Filing and prosecuting joint litigation;
d. Sharing and exchanging personnel;
e. Sharing and exchanging information and documents;
f. Formulating and adopting mutual regulations, statements of policy, guidelines, 
proposed statutory changes, and releases; and
g. Issuing and enforcing subpoenas at the request of the agency administering this 
chapter in another jurisdiction, the securities agency of another jurisdiction, the 
commodity futures trading commission, or the securities and exchange 
commission if the information sought would also be subject to lawful subpoena for 
conduct occurring in this state.

‹ Prev All North Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.