Nevada § 690D.230 Authority of Commissioner to issue cease and desist order; notice and hearing; fines

Nevada Statutes

§ 690D.230 — Authority of Commissioner to issue cease and desist order; notice and hearing; fines

Nevada § 690D.230

Title 57INSURANCE

Ch. 690DGuaranteed

ENFORCEMENT AND PENALTIES

This text of Nevada § 690D.230 (Authority of Commissioner to issue cease and desist order; notice and hearing; 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. § 690D.230 (2026).

Text

Except as otherwise provided in NRS 690D.100:

1.The Commissioner may order any person, including, without limitation, a creditor or administrator, to cease and desist any conduct that violates any provision of this chapter.

2.A person who violates any provision of this chapter may, after a hearing conducted pursuant to NRS 679B.310 to 679B.370 , inclusive, be assessed a civil penalty by the Commissioner of not more than $500 for each act or violation, not to exceed an aggregate amount of $10,000 for violations of a similar nature. For the purposes of this section, violations shall be deemed to be of a similar nature if the violations consist of the same or similar conduct, regardless of the number of times the conduct occurred.

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Except as otherwise provided in NRS 690D.100:
1. The Commissioner may order any person, including, without limitation, a creditor or administrator, to cease and desist any conduct that violates any provision of this chapter.
2. A person who violates any provision of this chapter may, after a hearing conducted pursuant to NRS 679B.310 to 679B.370 , inclusive, be assessed a civil penalty by the Commissioner of not more than $500 for each act or violation, not to exceed an aggregate amount of $10,000 for violations of a similar nature. For the purposes of this section, violations shall be deemed to be of a similar nature if the violations consist of the same or similar conduct, regardless of the number of times the conduct occurred.