GroundRules
NRS 693A.515: Unlawful acquisition of securities: Imposition of administrative penalty for violation.
Where this section sits in the code
- TITLE 57 — INSURANCE
- CHAPTER 693A - CORPORATE POWERS AND PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS
- CONVERSION OF MUTUAL INTO STOCK INSURER
A person who offers to acquire or acquires a security in violation of subsection 1 of NRS 693A.500 may be required by the Commissioner, after notice and hearing, to pay an administrative penalty of $100 for each day that the person remains in violation, except that the aggregate penalty pursuant to this section may not exceed $10,000.
Collected 2026-09-03T05:51:46Z. Source file · JSON