NRS 616B.506
Imposition of administrative fine for violations

  • withdrawal of certification.
The Commissioner shall impose an administrative fine, not to exceed $1,000 for each violation, and may withdraw the certification of any third-party administrator who:

1.

Fails to comply with regulations of the Commissioner regarding reports or other requirements necessary to carry out the purposes of chapters 616A to 616D, inclusive, or chapter 617 of NRS; or

2.

Violates any provision of NRS 616B.503 or any regulation adopted by the Commissioner or the Administrator concerning the administration of the plan of insurance.

Source: Section 616B.506 — Imposition of administrative fine for violations; withdrawal of certification., https://www.­leg.­state.­nv.­us/NRS/NRS-616B.­html#NRS616BSec506.

Last Updated

Feb. 5, 2021

§ 616B.506’s source at nv​.us