5-7-108. Inspection of applications and reports -- issuance of orders of noncompliance. (1) Each application and report filed with the commissioner must be inspected within 10 days after it is filed. If a person has not satisfied the provisions of this chapter, the commissioner shall immediately notify the person of the noncompliance. An order of noncompliance may be issued when:
     (a) it is determined that an application or report filed with the commissioner does not conform to the requirements of this chapter; or
     (b) a person has failed to file an application or report required by law.
     (2) The person shall submit the necessary information within 5 days after receiving the notice of noncompliance. Upon failure to submit the required information within 5 days, the commissioner may initiate a civil or criminal action pursuant to the procedures contained in 5-7-305.

     History: En. Sec. 3, Ch. 91, L. 1991.