Judicial Review of Orders

(a)Any person aggrieved by a final order of the Administrator may obtain a review of the order in the Superior Court by filing in court, within sixty

(60)days after the entry of the order, a written petition praying that the COL 052809 CH. 46 UNIFORM SECURITIES ACT order be modified or set aside in whole or in part. A copy of the petition shall be forthwith served upon the Administrator, and thereupon the Administrator shall certify and file in court a copy of the filing and evidence upon which the order was entered. When these have been filed, the court has exclusive jurisdiction to affirm, modify, enforce, or set aside the order, in whole or in part. The findings of the Administrator as to the facts, if support by competent, material and substantial evidence, are conclusive. If either party applies to the court for leave to adduce additional material evidence, and shows to the satisfaction of the court that there were reasonable grounds for failure to adduce the evidence in the hearing before the Administrator, the court may order the additional evidence to be taken before the Administrator and to be adduced upon the hearing in such manner and upon such conditions as the court considers proper. The Administrator may modify his findings and order by reason of the additional evidence and shall file in court the additional evidence together with any modified or new findings or order.

(b)The commencement of proceedings under subsection

(a)does not specifically ordered by the court, operated as a stay of the Administrator's order.