Alabama § 41-9-85.7 - Powers of Securities Commission Under This Division.
Full text of Alabama Code of Alabama § 41-9-85.7 — Powers of Securities Commission Under This Division., with citation guidance and answers to common questions.
§ 41-9-85.7. Powers of Securities Commission Under This Division.
(a) The Securities Commission, or any person designated by the Securities Commission, may do any of the following:
(1) Make public or private investigations, within or outside of the state, as deemed necessary to aid in the enforcement of this division.
(2) Require or permit any person to file a statement in writing, under oath or otherwise, as the Security Commission may determine, as to all facts and circumstances relating to the matter being investigated.
(3) Publish information concerning a violation of this division.
(4) Administer oaths and affirmations, subpoena witnesses, compel attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, agreements, or other documents or records, in whatever form they may exist, that the Securities Commission deems relevant or material to an investigation.
(b) If a person fails to comply with a subpoena issued or refuses to appear, the Securities Commission may seek enforcement of the subpoena or order to appear in a court of competent jurisdiction.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 41-9-85.7
What does Code of Alabama § 41-9-85.7 cover?
Section 41-9-85.7 ("Powers of Securities Commission Under This Division.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 41-9-85.7?
A common citation format is "Code of Alabama § 41-9-85.7" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 41-9-85.7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.