487.6891 - Administrative fine for engaging in deceptive trade practice; deposit and use of money collected as administrative fine. - Nevada Statutes

487.6891  Administrative fine for engaging in deceptive trade practice; deposit and use of money collected as administrative fine.

      1.  In addition to any other penalty, the Director may impose an administrative fine of not more than $10,000 against any person who engages in a deceptive trade practice as set forth in NRS 487.6889. The Director shall provide to any person so fined an opportunity for a hearing pursuant to the provisions of NRS 233B.121.

      2.  All administrative fines collected by the Director pursuant to this section must be deposited with the State Treasurer to the credit of the State Highway Fund.

      3.  The administrative remedy provided in this section is not exclusive and is intended to supplement existing law. The provisions of this section do not deprive a person injured by a deceptive trade practice from resorting to any other legal remedy.

      (Added to NRS by 2009, 2532, 2703)