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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 690D.230. Authority of Commissioner to issue cease and desist order; notice and hearing; fines - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-690d-230/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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