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2022 Nevada Revised Statutes
Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
NRS 693A.515 - Unlawful acquisition of securities: Imposition of administrative penalty for violation.
Universal Citation: NV Rev Stat § 693A.515 (2022)
A person who offers to acquire or acquires a security in violation of subsection 1 of NRS 693A.500 may be required by the Commissioner, after notice and hearing, to pay an administrative penalty of $100 for each day that the person remains in violation, except that the aggregate penalty pursuant to this section may not exceed $10,000.
(Added to NRS by 2001, 2240)
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