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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 645G.410: Deposit and use of money received by Division from civil penalty.

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 645G - EXCHANGE FACILITATORS
  3. 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

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