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Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 645A.221. Contracts for escrow transaction voidable for certain violations; administrative fines

Current as of January 01, 2025 | Updated by Findlaw Staff

If a person, or any general partner, director, officer, agent or employee of a person, violates the provisions of NRS 645A.015 or 645A.220:

1. Any contracts entered into by that person for the escrow transaction are voidable by the other party to the contract; and

2. In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $50,000.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 54. Professions, Occupations and Businesses § 645A.221. Contracts for escrow transaction voidable for certain violations; administrative fines - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-54-professions-occupations-and-businesses/nv-rev-st-645a-221/

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