Nevada Statutes
§ 90.820 — Emergency administrative proceedings
1.The Administrator may use emergency administrative proceedings in a situation involving an immediate danger to the public welfare requiring immediate action.
2.The Administrator may take only such action as is necessary to prevent or avoid the immediate danger to the public welfare that justifies use of emergency administrative proceedings.
3.The Administrator shall issue an order, including a brief statement of findings of fact, conclusions of law, and if it is an exercise of the agency’s discretion, reasons of policy for the decision to justify the determination of an immediate danger and the Administrator’s decision to take the specific action.
4.The Administrator shall give such notice as is practicable to persons who are required to comply with the order. The order is effective
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Legislative History
(Added to NRS by 1987, 2189 ; A 1989, 160 ; 2003, 3177 )
Nearby Sections
15
§ 90.211
Definitions§ 90.215
“Administrator” defined§ 90.220
“Broker-dealer” defined§ 90.223
“Commission” defined§ 90.225
“Depository institution” defined§ 90.230
“Division” defined§ 90.235
“Filing” and “file” defined§ 90.250
“Investment adviser” defined§ 90.255
“Issuer” defined§ 90.260
“Nonissuer transaction” defined§ 90.265
“Person” defined