Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER692B. Formation and Capitalization of Domestic Stock and Mutual Insurers; Financing of Insurers and Holding Companies |
NRS692B.140. Modification or revocation of permit.
Latest version.
- The Commissioner may for cause modify a solicitation permit theretofore issued; and may after a hearing thereon revoke the permit for a violation of law or the terms of the permit, of any proper order of the Commissioner, or for material misrepresentation in the offering or sale of securities or policies under the permit.
(Added to NRS by 1971, 1790)