NRS 645G.410: Deposit and use of money received by Division from civil penalty.
Where this section sits in the code
- TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
- CHAPTER 645G - EXCHANGE FACILITATORS
- DISCIPLINARY AND OTHER ACTIONS
The Division shall deposit any money it receives from a civil penalty imposed pursuant to NRS 205.960 and 645G.900 with the State Treasurer for credit to a separate account in the State General Fund. The Division shall expend at least 75 percent of the money so received to pay administrative costs related to:
1. The licensing of exchange facilitators; and
2. Any program it develops to supply information regarding exchange facilitators to the public.
Ê Any remaining money may be used by the Division to reimburse residents of Nevada for financial losses caused by the illegal conduct of an exchange facilitator.
Collected 2026-09-03T05:51:45Z. Source file · JSON