Administrative penalties; revocation or suspension of license or certificate of authority.

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In addition to any other penalty provided by law, any person who violates any provision of this chapter or a regulation adopted or a final order of the Commissioner issued pursuant to this chapter shall, after notice and hearing, pay an administrative penalty:

1. In an amount not to exceed $5,000; or

2. If the violation is willful, in an amount not to exceed $10,000,

and the Commissioner may, after notice and a hearing, revoke or suspend the license or certificate of authority of that person.

(Added to NRS by 1987, 2296; A 2005, 2147)


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