Nev. Rev. Stat. § 673.820

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 673.820 - Violation of chapter or fraudulent misrepresentation of contract or securities by savings bank; administrative fines

In addition to any other remedy or penalty:

1. Any savings bank which violates any provisions of this chapter or fraudulently misrepresents the terms of any contract or of any securities, and thereby secures a sale therefor, shall be punished by an administrative fine of not more than $10,000 and forfeiture and revocation of all licenses issued to it under the provisions of this chapter.
2. The Commissioner may impose an administrative fine of not more than $10,000 upon a person who:
(a) Without a license, conducts any business or activity for which a license is required pursuant to the provisions of this chapter; or
(b) Violates any provision of this chapter or any regulation adopted pursuant thereto.

NRS 673.820

[Part 18:51:1931; 1931 NCL § 970.17]-(NRS A 1967, 649; 1977, 506; 2005, 1880; 2017, 1955)
Amended by 2017, Ch. 327,§134, eff. 6/3/2017.
[Part 18:51:1931; 1931 NCL § 970.17 ] - (NRS A 1967, 649; 1977, 506; 2005, 1880)