Multistate licensing--Investigation

If an applicant for acquisition of control under § 51A-17-72 avails itself or is otherwise subject to a multistate licensing process: (1) The director is authorized and encouraged to accept the investigation results of a lead investigative state for the purpose of § 51A-17-73 if the lead investigative state has sufficient staffing, expertise, and minimum standards; or (2) If this state is a lead investigative state, the director is authorized and encouraged to investigate the applicant pursuant to § 51A-17-73 and the timeframes established by agreement through the multistate licensing process. Source: SL 2024, ch 196 , § 25.