Final answer:
NASAA's definition of 'promptly' can vary by context and rule, typically meaning within a reasonable time rather than immediately, and one should consult specific NASAA regulations for exact time frames.
Step-by-step explanation:
The North American Securities Administrators Association (NASAA) has its own specific definition of promptly in various contexts. The term is typically subject to interpretation based on the specific regulatory document or rule in question. However, NASAA has often implied that 'promptly' should mean as soon as reasonably practicable, which may not necessarily be 'immediately.' It is essential to refer to the specific NASAA rule or regulatory guideline to determine the exact time frame expected, whether that is within 24 hours, within 48 hours, or some other time period.