Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses; fees.

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1. For the purpose of discovering violations of chapters 657 to 671, inclusive, of NRS or of securing information lawfully required under chapters 657 to 671, inclusive, of NRS, the Commissioner or the Commissioner’s duly authorized representatives may at any time investigate the business and examine the books, accounts, papers and records used therein of:

(a) Any licensee;

(b) Any other person engaged in an activity for which a license is required pursuant to the provisions of chapters 657 to 671, inclusive, of NRS; and

(c) Any person whom the Commissioner has reasonable cause to believe is violating or is about to violate any provision of chapters 657 to 671, inclusive, of NRS, whether or not the person claims to be within the authority or beyond the scope of chapters 657 to 671, inclusive, of NRS.

2. For the purpose of examination, the Commissioner or the Commissioner’s authorized representatives must have and be given free access to the offices and places of business, files, safes and vaults of such persons.

3. The Commissioner may require the attendance of any person and examine the person under oath regarding:

(a) Any transaction or business regulated pursuant to the provisions of chapters 657 to 671, inclusive, of NRS; or

(b) The subject matter of any audit, examination, investigation or hearing.

4. The Commissioner shall charge and collect from each licensee or other person a fee at the rate established and, if applicable, adjusted pursuant to NRS 658.101 for the cost of any supervision, audit, examination, investigation or hearing conducted pursuant to chapters 657 to 671, inclusive, of NRS or any regulations adopted pursuant thereto.

(Added to NRS by 2005, 1842; A 2017, 396)


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