V-1 - Securities Act

Section 100 Disposition versions

1977-12-31

100. The Commission or a person designated by it for that purpose may, at any time, investigate the financial affairs of a person or company registered or whose securities have been the subject of an application for exemption or of a prospectus, report, statement or other document or material furnished or transmitted to or filed with the Commission, and prepare a balance sheet or any other statement or report considered necessary.

The Commission, or the designated person, shall have access to all books of account, securities, money in hand, documents, bank accounts, vouchers, correspondence and records of the person or company whose affairs are being investigated, and no person may keep, destroy, hide or refuse to produce any information or other thing required for the purpose of the investigation.

The expenses incurred for the investigation shall be paid by the person or company whose affairs are being investigated, if so ordered by the Commission and on the conditions it determines.

1973, c. 67, s. 24.