Nevada Revised Statutes
Chapter 690D - Guaranteed Asset Protection Waivers
NRS 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.
(Added to NRS by 2015, 2639)

Structure Nevada Revised Statutes