44-3131. General rule making power of
commission; delegation of authority; limitation


A. The commission may adopt rules pursuant to title 41, chapter 6 that are
reasonably necessary to carry out the purposes of this chapter.


B. The commission may delegate such authority to the director of securities as is
convenient or necessary for the efficient administration of this chapter, except that the
commission may not delegate authority to adopt rules or to enter any final order of
denial or revocation of licenses of investment advisers or investment adviser
representatives.