Nevada Statutes

§ 90.640 — Power of court to grant relief

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 90 Securities· ENFORCEMENT AND CIVIL LIABILITY

1. Upon a showing by the Administrator that a person has violated or is about to violate this chapter, or a regulation or order of the Administrator under this chapter, the appropriate district court may grant or impose one or more of the following appropriate legal or equitable remedies:

(a)Upon a showing that a person has violated this chapter, or a regulation or order of the Administrator under this chapter, the court may singly or in combination:
(1)Issue a temporary restraining order, permanent or temporary prohibitory or mandatory injunction or a writ of prohibition or mandamus;
(2)Impose a civil penalty of not more than $25,000 for each violation or, if the violation was committed against an older person or vulnerable person, a civil penalty equal to twice the amount of the civil

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Legislative History

(Added to NRS by 1987, 2181 ; A 1989, 160 ; 1991, 608 ; 1993, 895 , 1228 ; 2009, 2562 ; 2015, 2023 )

Nearby Sections

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