Nevada § 604A.820 - Procedure for taking disciplinary action; authorized disciplinary action; grounds

§ 604A.820. Procedure for taking disciplinary action; authorized disciplinary action; grounds

1. If the Commissioner has reason to believe that grounds for revocation or suspension

of a license exist, the Commissioner shall give 20 days' written notice to the licensee

stating the contemplated action and, in general, the grounds therefor and set a date

for a hearing. 2. At the conclusion of a hearing, the Commissioner shall: (a) Enter a written order either dismissing the charges, revoking the license or suspending

the license for a period of not more than 60 days, which period must include any prior

temporary suspension. The Commissioner shall send a copy of the order to the licensee by registered or

certified mail. (b) Impose upon the licensee an administrative fine of not more than $10,000 for each

violation by the licensee of any provision of this chapter or any regulation adopted

pursuant thereto. (c) If a fine is imposed pursuant to this section, enter such order as is necessary

to recover the costs of the proceeding, including investigative costs and attorney's

fees of the Commissioner. 3. The grounds for revocation or suspension of a license are that: (a) The licensee has failed to pay the annual license fee; (b) The licensee, either knowingly or without any exercise of due care to prevent

it, has violated any provision of this chapter or any lawful regulation adopted pursuant

thereto; (c) The licensee has failed to pay a tax as required pursuant to the provisions of chapter 363A or 363C of NRS ; (d) Any fact or condition exists which would have justified the Commissioner in denying

the licensee's original application for a license pursuant to the provisions of this

chapter; or (e) The licensee: (1) Failed to open an office for the conduct of the business authorized by his or

her license within 180 days after the date the license was issued; or (2) Has failed to remain open for the conduct of the business for a period of 180

days without good cause therefor. 4. Any revocation or suspension applies only to the license granted to a person for

the particular office for which grounds for revocation or suspension exist. 5. An order suspending or revoking a license becomes effective 5 days after being

entered unless the order specifies otherwise or a stay is granted.