2022 Nevada Revised Statutes
Chapter 666 - Major Organizational Changes; Bank Holding Companies; Interstate Banking
NRS 666.205 - Injunctions; civil penalty; divestiture by holding company in another state.
1. The Commissioner may apply to the district court for an order compelling compliance with any provision of NRS 666.065 to 666.195, inclusive. The court may award the Commissioner the costs of bringing the action and attorney’s fees.
2. The Commissioner may bring an action against a person who violates a court order or injunction issued pursuant to this section or NRS 666.065 to 666.195, inclusive, to recover a civil penalty of not more than $10,000 for each violation.
3. The Commissioner may bring an action to require a holding company for a depository institution which acquired a depository institution in Nevada to divest itself of all interest in the acquired institution if the holding company violates:
(a) An order to cease and desist issued pursuant to NRS 666.175; or
(b) A court order or injunction issued pursuant to this section or NRS 666.065 to 666.195, inclusive.
(Added to NRS by 1983, 932; A 1983, 1843; 1984, 4; 1985, 2154; 1987, 1933, 2023)
