2010 Nevada Code
TITLE 57 INSURANCE
Chapter 691C Credit Personal Property Insurance
NRS 691C.440 Administrative fines; revocation, suspension or limitation of license or certificate of authority.

NRS 691C.440 Administrative fines; revocation, suspension or limitation of license or certificate of authority. In addition to any other penalty provided by law, a person who violates a provision of this chapter or a final order of or a regulation adopted by the Commissioner pursuant to this chapter, after notice and a hearing, upon order of the Commissioner is subject to:

1. The imposition of an administrative fine not to exceed $5,000 per violation, or $10,000 per violation if the Commissioner determines that the violation was willful; and

2. Revocation, suspension or limitation of the license or certificate of authority held by the person.

(Added to NRS by 2005, 2113)



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