Nevada Revised Statutes
Chapter 657A - Regulatory Experimentation Program for Product Innovation
NRS 657A.610 - Powers of Director to enforce chapter.


1. If the Director has reasonable cause to believe that a participant has engaged in, is engaging in or threatens to engage in any act or omission in violation of any provision of this chapter or any other applicable statute or regulation for which a civil or criminal penalty is prescribed, the Director may:
(a) Request that the Attorney General bring an action in any court of competent jurisdiction to enjoin the violation;
(b) Remove the participant from the Program or order the participant to exit the Program; or
(c) Take any combination of those actions.
2. A removal of or compelled exit of a participant from the Program is final and not subject to administrative or judicial review.
(Added to NRS by 2019, 3992)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 657A - Regulatory Experimentation Program for Product Innovation

NRS 657A.100 - Definitions.

NRS 657A.110 - "Applicable regulator" defined.

NRS 657A.120 - "Consumer" defined.

NRS 657A.130 - "Director" defined.

NRS 657A.140 - "Financial product or service" or "product or service" defined.

NRS 657A.150 - "Innovation" defined.

NRS 657A.160 - "Participant" defined.

NRS 657A.170 - "Program" defined.

NRS 657A.180 - "Test" defined.

NRS 657A.200 - Establishment of Program.

NRS 657A.210 - Regulations.

NRS 657A.220 - License or authorization from other jurisdiction; Director may enter into agreements concerning license or authorization.

NRS 657A.230 - Participant deemed to hold a license or other authorization.

NRS 657A.300 - Financial product or service provided within Program: Requirements and limitations.

NRS 657A.310 - Limitations on transactions.

NRS 657A.320 - Request for relief from certain limitations; approval, denial, rescission or modification of request.

NRS 657A.330 - Required disclosures.

NRS 657A.340 - Period of testing.

NRS 657A.350 - Request for extension of period of testing: Procedure; requirements; approval or denial by Director; report on extension.

NRS 657A.400 - Application to participate; requirements for application; fee.

NRS 657A.410 - Director may refuse incomplete application; applicant required to provide additional information upon request; Director required to consult with certain regulators; timeline to approve or deny application.

NRS 657A.420 - Approval or denial of application; notice of approval or denial.

NRS 657A.430 - Issuance of registration upon approval of application; conditional approval of application.

NRS 657A.500 - Regulations concerning reporting; required records and reporting; participant to notify Director of failed product or service or unauthorized acquisition of computerized data.

NRS 657A.510 - Confidentiality of records and information; immunity from liability for Director and applicable regulators concerning disclosure of certain records and information; admissibility of certain records and information.

NRS 657A.520 - Electronic form of certain information; substitution of certain information.

NRS 657A.530 - Report by Director to Legislature.

NRS 657A.600 - Establishment of toll-free telephone number and Internet website for complaints.

NRS 657A.610 - Powers of Director to enforce chapter.

NRS 657A.620 - Powers of Director to take action relating to certain acts or omissions of participants.