Home/Nevada/Statutes/Title 54: PROFESSIONS, OCCUPATIONS AND BUSINESSES/Ch. 645A: Escrow/: PROHIBITED ACTS; PENALTIES; REMEDIES/§ 645A.221
Nevada Statutes

§ 645A.221 — Contracts for escrow transaction voidable for certain violations; administrative fines

Nevada § 645A.221
JurisdictionNevada
Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES
Ch. 645AEscrow
PROHIBITED ACTS; PENALTIES; REMEDIES

This text of Nevada § 645A.221 (Contracts for escrow transaction voidable for certain violations; administrative fines) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Nev. Rev. Stat. § 645A.221 (2026).

Text

If a person, or any general partner, director, officer, agent or employee of a person, violates the provisions of NRS 645A.015 or 645A.220:

1.Any contracts entered into by that person for the escrow transaction are voidable by the other party to the contract; and
2.In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $50,000.

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Related

§ 645A.015
Nevada § 645A.015

Legislative History

(Added to NRS by 2009, 741 ; A 2015, 2796 )

Nearby Sections

15
§ 645A.010
Definitions
§ 645A.013
Inapplicability of chapter to participant in Regulatory Experimentation Program for Product Innovation; exceptions
§ 645A.015
Unlawful to engage in business of administering escrows or act in capacity of escrow agent or escrow agency without license; exceptions
§ 645A.020
Application for initial license or renewal: Requirements; issuance or renewal; continuing obligation to notify Division of material change in information in application; restriction
§ 645A.021
Application: Educational prerequisites; regulations
§ 645A.025
Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]
§ 645A.032
Contents of license; escrow agent may associate with and be employed by only one escrow agency at same time
§ 645A.034
Delivery and possession of license of escrow agent; display of licenses
§ 645A.036
Place of business: Maintenance by escrow agency; specification in application; designation on license; effect
§ 645A.038
License not transferable
§ 645A.039
Continuing education: Standards; regulations
§ 645A.040
Expiration; renewal; fees; deposit of money received
§ 645A.0405
Authority of Commissioner to require submission of certain documents, fees and fines through Registry; deposit of fees, assessments and penalties
§ 645A.041
Duty of escrow agency to deposit surety bond with Commissioner; escrow agents must be named as principals on bond; form and amount of bond; exceptions
§ 645A.042
Escrow agency may deposit substitute form of security in lieu of surety bond; amount deposited must equal amount of bond; interest or dividends accrue to depositor
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Bluebook (online)
Nevada § 645A.221, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/645A.221.