Nevada § 489.423 - Disciplinary action against licensed dealer or distributor for knowledge of unlawful act of employee or associate or failure to maintain adequate supervision; disciplinary action against general serviceperson or specialty serviceperson for knowledge of unlawful act of employee or associate

§ 489.423. Disciplinary action against licensed dealer or distributor for knowledge of unlawful act of employee or associate or failure to maintain adequate supervision; disciplinary action against general serviceperson or specialty serviceperson for knowledge of unlawful act of employee or associate

1. Upon a finding that a licensed dealer or distributor knew, or by the exercise of

reasonable care and diligence should have known, of any unlawful act or violation

of a provision of this chapter by a salesperson, general serviceperson, specialty

serviceperson or any other person who is employed by or associated with the licensed

dealer or distributor, the Administrator may suspend or revoke the license of the

licensed dealer or distributor and impose an administrative fine upon him or her of

not more than $1,000. 2. Upon a finding that a licensed dealer or distributor failed to maintain adequate

supervision of a salesperson, general serviceperson or specialty serviceperson who,

while employed by or associated with the licensed dealer or distributor, committed

any unlawful act or violated a provision of this chapter, the Administrator may suspend

or revoke the license of the licensed dealer or distributor and impose an administrative

fine upon him or her of not more than $1,000. 3. Upon a finding that a licensed general serviceperson or specialty serviceperson

knew, or by the exercise of reasonable care and diligence should have known, of any

unlawful act or violation of a provision of this chapter by any person who is employed

by or associated with the licensed general serviceperson or specialty serviceperson,

the Administrator may suspend or revoke the license of the licensed general serviceperson

or specialty serviceperson and impose an administrative fine upon him or her of not

more than $1,000.