§ 7-11-207. Examinations.
(a) The director may by rule or order impose an examination requirement upon an applicant or class of applicants for licensing under this chapter.
(b) An examination may be administered by the director or a designee of the director. An examination may be oral or written or both and may differ for each class of applicants.
(c) The director may by rule or order waive an examination requirement imposed under subsection (a) as to a person or class of persons if the director determines that the examination is not necessary for the protection of investors.
History of Section.P.L. 1990, ch. 460, § 2.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-11 - Rhode Island Uniform Securities Act
Section 7-11-201. - Broker-dealer and sales representative licensing.
Section 7-11-202. - Exempt broker-dealers and sales representatives.
Section 7-11-203. - Investment adviser and investment adviser representative licensing.
Section 7-11-204. - Exempt investment advisers and investment adviser representatives.
Section 7-11-205. - Application.
Section 7-11-206. - Licensing and notice fees; and filing requirements for federal covered advisers.
Section 7-11-207. - Examinations.
Section 7-11-208. - Licensing.
Section 7-11-209. - Post-licensing requirements.
Section 7-11-210. - Licensing of successor firms.
Section 7-11-211. - Inspection power.
Section 7-11-212. - Grounds for denial, suspension, and revocation.
Section 7-11-213. - Denial, suspension, or revocation on grounds of lack of qualification.
Section 7-11-214. - Withdrawal.
Section 7-11-215. - Custody of clients’ securities and funds.