NRS 689.215
Certificate of authority: Revocation

  • suspension.

1.

After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after the hearing, revoke the seller’s certificate of authority if the seller:

(a)

Obtained the certificate of authority through misrepresentation or concealment of a material fact;

(b)

Is no longer qualified for such a certificate of authority; or

(c)

Knowingly violates any provision of NRS 689.150 to 689.375, inclusive, or any lawful order or regulation of the Commissioner.

2.

If a seller is found to be in violation of paragraph (c) of subsection 1, the Commissioner may, in lieu of revocation, suspend the seller’s certificate of authority for a period not to exceed 90 days.

Source: Section 689.215 — Certificate of authority: Revocation; suspension., https://www.­leg.­state.­nv.­us/NRS/NRS-689.­html#NRS689Sec215.

Last Updated

Jun. 24, 2021

§ 689.215’s source at nv​.us