1. If any person violates the provisions of subsection 1 of NRS 624.700, subsections 1 to 5, inclusive, of NRS 624.720 or NRS 624.740, the Board may impose for each violation an administrative fine in an amount that is not less than $1,000 and not more than $50,000.
2. The Board shall, by regulation, establish standards for use by the Board in determining the amount of an administrative fine imposed pursuant to this section. The standards must include, without limitation, provisions requiring the Board to consider:
(a) The gravity of the violation;
(b) The good faith of the person; and
(c) Any history of previous violations of the provisions of this chapter or the regulations of the Board committed by the person.
3. An administrative fine imposed pursuant to this section is in addition to any other penalty imposed pursuant to this chapter.
4. If the administrative fine and any interest imposed pursuant to NRS 624.300 is not paid when due, the fine and interest, if any, must be recovered in a civil action brought by the Attorney General on behalf of the Board.
5. All administrative fines and interest collected pursuant to this section must be deposited with the State Treasurer for credit to the Construction Education Account created pursuant to NRS 624.580.
(Added to NRS by 1995, 926; A 2001, 2415; 2005, 1208; 2007, 863; 2015, 391)