NRS489.423. Disciplinary action against licensed dealer or distributor for knowledge of unlawful act of employee or associate or failure to maintain adequate supervision; disciplinary action against general serviceperson or specialty serviceperson for knowledge of unlawful act of employee or associate.

      1.  Upon a finding that a licensed dealer or distributor knew, or by the exercise of reasonable care and diligence should have known, of any unlawful act or violation of a provision of this chapter by a salesperson, general serviceperson, specialty serviceperson or any other person who is employed by or associated with the licensed dealer or distributor, the Administrator may suspend or revoke the license of the licensed dealer or distributor and impose an administrative fine upon him or her of not more than $1,000.

      2.  Upon a finding that a licensed dealer or distributor failed to maintain adequate supervision of a salesperson, general serviceperson or specialty serviceperson who, while employed by or associated with the licensed dealer or distributor, committed any unlawful act or violated a provision of this chapter, the Administrator may suspend or revoke the license of the licensed dealer or distributor and impose an administrative fine upon him or her of not more than $1,000.

      3.  Upon a finding that a licensed general serviceperson or specialty serviceperson knew, or by the exercise of reasonable care and diligence should have known, of any unlawful act or violation of a provision of this chapter by any person who is employed by or associated with the licensed general serviceperson or specialty serviceperson, the Administrator may suspend or revoke the license of the licensed general serviceperson or specialty serviceperson and impose an administrative fine upon him or her of not more than $1,000.

      (Added to NRS by 1997, 95; A 2005, 1637; 2009, 1916)