Nevada § 676A.740 Commissioner to enforce chapter; penalties

Nevada Statutes

§ 676A.740 — Commissioner to enforce chapter; penalties

Nevada § 676A.740

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 676AUniform

PROHIBITED ACTS; CIVIL ACTIONS; LIABILITY; ENFORCEMENT; PENALTIES; REMEDIES

This text of Nevada § 676A.740 (Commissioner to enforce chapter; penalties) 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. § 676A.740 (2026).

Text

1. The Commissioner may enforce this chapter and regulations adopted under this chapter by taking one or more of the following actions:

(a)Ordering a provider or a director, employee or other agent of a provider to cease and desist from any violations;

(b)Ordering a provider or a person that has caused a violation to correct the violation, including, without limitation, making restitution of money or property to a person aggrieved by a violation;

(c)Subject to adjustment of the dollar amount pursuant to subsection 6 of NRS 676A.730 , imposing on a provider or a person that has caused a violation a civil penalty not to exceed $10,000 for each violation;

(d)Prosecuting a civil action to:

(1)Enforce an order; or

(2)Obtain restitution or an injunction or other equitable relief, or both;

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1. The Commissioner may enforce this chapter and regulations adopted under this chapter by taking one or more of the following actions:
(a) Ordering a provider or a director, employee or other agent of a provider to cease and desist from any violations;
(b) Ordering a provider or a person that has caused a violation to correct the violation, including, without limitation, making restitution of money or property to a person aggrieved by a violation;
(c) Subject to adjustment of the dollar amount pursuant to subsection 6 of NRS 676A.730 , imposing on a provider or a person that has caused a violation a civil penalty not to exceed $10,000 for each violation;
(d) Prosecuting a civil action to:
(1) Enforce an order; or
(2) Obtain restitution or an injunction or other equitable relief, or both; or
(e) Intervening in an action brought under NRS 676A.760 .
2. Subject to adjustment of the dollar amount pursuant to subsection 6 of NRS 676A.730 , if a person violates or knowingly authorizes, directs or aids in the violation of a final order issued under paragraph (a) or (b) of subsection 1, the Commissioner may impose a civil penalty not to exceed $20,000 for each violation.
3. The Commissioner may maintain an action to enforce this chapter in any county.
4. The Commissioner may recover the reasonable costs of enforcing this chapter under subsections 1, 2 and 3, including, without limitation, attorney’s fees based on the hours reasonably expended and the hourly rates for attorneys of comparable experience in the community.
5. In determining the amount of a civil penalty to impose under subsection 1 or 2, the Commissioner shall consider the seriousness of the violation, the good faith of the violator, any previous violations by the violator, the deleterious effect of the violation on the public, the net worth of the violator and any other factor the Commissioner considers relevant to the determination of the civil penalty.