Nevada § 645G.410 Deposit and use of money received by Division from civil penalty

Nevada Statutes

§ 645G.410 — Deposit and use of money received by Division from civil penalty

Nevada § 645G.410

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645GExchange

MONEY RECEIVED BY COMMISSIONER OR DIVISION

This text of Nevada § 645G.410 (Deposit and use of money received by Division from civil penalty) 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. § 645G.410 (2026).

Text

The Division shall deposit any money it receives from a civil penalty imposed pursuant to NRS 205.960 and 645G.900 with the State Treasurer for credit to a separate account in the State General Fund. The Division shall expend at least 75 percent of the money so received to pay administrative costs related to:

1.The licensing of exchange facilitators; and

2.Any program it develops to supply information regarding exchange facilitators to the public. Ê Any remaining money may be used by the Division to reimburse residents of Nevada for financial losses caused by the illegal conduct of an exchange facilitator.

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The Division shall deposit any money it receives from a civil penalty imposed pursuant to NRS 205.960 and 645G.900 with the State Treasurer for credit to a separate account in the State General Fund. The Division shall expend at least 75 percent of the money so received to pay administrative costs related to:
1. The licensing of exchange facilitators; and
2. Any program it develops to supply information regarding exchange facilitators to the public.
Ê Any remaining money may be used by the Division to reimburse residents of Nevada for financial losses caused by the illegal conduct of an exchange facilitator.