sec.201CNotice of refusal to transfer distribution authority

### sec.201C Notice of refusal to transfer distribution authority As soon as practicable after deciding to refuse to transfer the distribution authority, the regulator must give the applicant a written notice informing the applicant of the refusal, the reasons for the refusal and the applicant’s right to seek an internal review of the refusal. s 201C ins 2003 No. 28 s 23 amd 2009 No. 24 s 435