467.159 - Reinstatement of revoked license: Payment of penalty prescribed by Commission; payment of costs of proceedings. - Nevada Statutes

467.159  Reinstatement of revoked license: Payment of penalty prescribed by Commission; payment of costs of proceedings.

      1.  Except as otherwise provided in NRS 467.158, upon receipt of an application and the payment of a penalty prescribed by the Commission, not to exceed $250,000, the Commission may reinstate a revoked license.

      2.  In addition to the penalty required by subsection 1, the Commission may require the applicant to:

      (a) Pay the costs of the proceedings associated with the reinstatement of the license, including investigative costs and attorney’s fees; and

      (b) Deposit with the Commission such an amount of money as the Commission deems necessary to pay for those costs. If any amount required to be deposited pursuant to this paragraph exceeds the actual cost of the proceedings, including investigative costs and attorney’s fees, the Commission shall refund the excess amount to the applicant upon the completion of the proceedings.

      (Added to NRS by 1999, 77)