Nevada § 628B.940 - Violation or potential violation of chapter: Order to cease and desist or refrain; injunctive action; appointment and duties of receiver of impounded property or business

§ 628B.940. Violation or potential violation of chapter: Order to cease and desist or refrain; injunctive action; appointment and duties of receiver of impounded property or business

1. If the Commissioner has reasonable cause to believe that any person is violating

or is threatening to or intends to violate any provision of this chapter, the Commissioner

may, in addition to any action provided for in this chapter and chapter 233B of NRS and without prejudice thereto, enter an order requiring the person to cease and desist

or to refrain from such violation. If the Commissioner enters such an order pursuant to this subsection, the Commissioner

shall send a copy of the order to each district court in this State. 2. The Commissioner may bring an action to enjoin a person from engaging in or continuing

a violation or from doing any act or acts in furtherance thereof. In any such action, irreparable harm and lack of an adequate remedy at law will

be presumed and an order or judgment may be entered awarding a preliminary or final

injunction as may be deemed proper. The findings of the Commissioner shall be deemed to be prima facie evidence and

sufficient grounds, in the discretion of the court, for the issuance ex parte of a

temporary restraining order. 3. In addition to all other means provided by law for the enforcement of a restraining

order or injunction, the court in which an action is brought may impound, and appoint

a receiver for, the property and business of the person, including books, papers,

documents and records pertaining thereto, or so much thereof as a court may deem reasonably

necessary to prevent violations of this chapter through or by means of the use of

property and business, whether such books, papers, documents and records are in the

possession of the person, a registered agent acting on behalf of the person or any

other person. If a receiver is appointed and qualified, the receiver has such powers and duties

relating to the custody, collection, administration, winding up and liquidation of

such property and business as may be conferred upon the receiver by the court. 4. If a receiver is appointed pursuant to subsection 3, the receiver shall remit to

the owners, members or shareholders of the private professional guardian company any

amount of equity of the private professional guardian company remaining after the

discharge of the liabilities and payment of the normal, prudent and reasonable expenses

of the receivership.