Authority to Promulgate Rules and Regulations

Authority to Promulgate Rules and Regulations. The Registrar of Corporations, with the approval of the Attorney General and the Governor, may prescribe such rules and regulations as are deemed advisable to administer and carry into effect the provisions of this division with respect to associations of persons for any lawful purpose other than for pecuniary profit, cooperatives, and credit unions. Source: 37 TTC § 52; amended by PL 10-7, § 2. Commission Comment: See the comment to 4 CMC § 4251. Executive Order 97-03, which was signed on November 13, 1997, transferred the subject duty of the Attorney General set forth in 1 CMC § 2153(b) and related duties and responsibilities of the Registrar of Corporations (set forth in 4 CMC §§ 4201-4204) to the Department of Commerce. As of March 31, 2003, no transfers had taken place.