If a licensed person has died or ceased to exist as a legal entity, has been adjudicated
incompetent, or cannot be located by the securities commissioner after a reasonable
search, the securities commissioner may by order summarily revoke the license on the
grounds that the license has been abandoned.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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