Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER690A. Credit Insurance |
NRS690A.280. Administrative penalties; revocation or suspension of license or certificate of authority.
Latest version.
- In addition to any other penalty provided by law, any person who violates any provision of this chapter or a regulation adopted or a final order of the Commissioner issued pursuant to this chapter shall, after notice and hearing, pay an administrative penalty:
1. In an amount not to exceed $5,000; or
2. If the violation is willful, in an amount not to exceed $10,000,
Ê and the Commissioner may, after notice and a hearing, revoke or suspend the license or certificate of authority of that person.
(Added to NRS by 1987, 2296; A 2005, 2147)