Section 34-29-204 - Examination of application; amendment of application(a) Upon the filing of a complete application for registration and payment of the registration fee, the application shall be deemed approved and the digital asset registered pursuant to this article unless the secretary, at his discretion, causes the application to be examined for conformity with this article subject to the following: (i) The applicant shall provide any additional information requested by the secretary and may make or authorize the secretary to make necessary amendments to the application as may be reasonably requested by the secretary or deemed by the applicant to be advisable to respond to any rejection or objection to the application;(ii) The secretary may revise the application with agreement of the applicant or may require the applicant to submit a revised application;(iii) If the applicant is found not to meet the registration requirements, the secretary shall advise the applicant of the reasons. The applicant shall have a reasonable period of time specified by the secretary in which to reply or to amend the application, in which event the application shall be reexamined. This procedure may be repeated until: (A) The secretary finally refuses registration of the digital asset; or(B) The applicant fails to reply or amend within the specified period, whereupon the application shall be deemed to have been abandoned.Added by Laws 2023, ch. 174,§ 1, eff. 12/1/2023.