{"data":{"id":"us-nv/nrs-673.820","jurisdiction":"us-nv","citation":"NRS 673.820","heading":"Violation of chapter or fraudulent misrepresentation of contract or securities by savings bank; administrative fines.","body":"In addition to any other remedy or penalty:\n1. 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.\n2. The Commissioner may impose an administrative fine of not more than $10,000 upon a person who:\n(a) Without a license, conducts any business or activity for which a license is required pursuant to the provisions of this chapter; or\n(b) Violates any provision of this chapter or any regulation adopted pursuant thereto.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 673 - SAVINGS BANKS","UNLAWFUL ACTS; PENALTIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-673.html#NRS673Sec820","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"d59a0f780ae0229ee327fcaa5faa753c922be5ae2a6bbc88597cb76bd38a50fa","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-673.810","next":"us-nv/nrs-673.830"},"notice":"GroundRules: Original legal text. Not legal advice."}
