Nev. Rev. Stat. § 690D.230

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 690D.230 - Authority of Commissioner to issue cease and desist order; notice and hearing; fines

Except as otherwise provided in NRS 690D.100:

1. The Commissioner may order any person, including, without limitation, a creditor or administrator, to cease and desist any conduct that violates any provision of this chapter.
2. A person who violates any provision of this chapter may, after a hearing conducted pursuant to NRS 679B.310 to 679B.370, inclusive, be assessed a civil penalty by the Commissioner of not more than $500 for each act or violation, not to exceed an aggregate amount of $10,000 for violations of a similar nature. For the purposes of this section, violations shall be deemed to be of a similar nature if the violations consist of the same or similar conduct, regardless of the number of times the conduct occurred.

NRS 690D.230

Added to NRS by 2015, 2639
Added by 2015, Ch. 453,§25, eff. 1/1/2016.