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

NRS 673.820: Violation of chapter or fraudulent misrepresentation of contract or securities by savings bank; administrative fines.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 673 - SAVINGS BANKS
  3. UNLAWFUL ACTS; PENALTIES

In addition to any other remedy or penalty:

1. Any savings bank which violates any provisions of this chapter or fraudulently misrepresents the terms of any contract or of any securities, and thereby secures a sale therefor, shall be punished by an administrative fine of not more than $10,000 and forfeiture and revocation of all licenses issued to it under the provisions of this chapter.

2. The Commissioner may impose an administrative fine of not more than $10,000 upon a person who:

(a) Without a license, conducts any business or activity for which a license is required pursuant to the provisions of this chapter; or

(b) Violates any provision of this chapter or any regulation adopted pursuant thereto.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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