Administration, interpretation and enforcement of chapter: Powers and duties of Commissioner; regulations

1. To carry out the purposes of this chapter, the Commissioner may: (a) Enter into agreements or relationships with other governmental officials, federal and state regulatory agencies and regulatory associations in order to improve efficiencies and reduce regulatory burden by standardizing methods or procedures and sharing resources, records or related information obtained under this chapter; (b) Use, hire, contract or employ analytical systems, methods or software to examine or investigate any person subject to this chapter; (c) Accept from other state or federal governmental agencies or officials licensing, examination or investigation reports made by such agencies or officials; and (d) Accept audit reports made by an independent certified public accountant or other qualified third-party auditor for an applicant for a license or licensee and incorporate the audit report into any report of examination or investigation. 2. The Commissioner shall administer, interpret and enforce the provisions of this chapter and may adopt such regulations as the Commissioner deems appropriate for those purposes.