599B.260 - Deposit and use of money collected pursuant to this chapter. [Effective through June 30, 2011.] - Nevada Statutes

599B.260  Deposit and use of money collected pursuant to this chapter. [Effective July 1, 2011.]

      1.  Except as otherwise provided in subsection 2, all fees, civil penalties and any other money collected pursuant to this chapter in an action brought by the Attorney General must be deposited in the State General Fund and may only be used to defray the costs of:

      (a) Administering and enforcing the provisions of this chapter.

      (b) Enforcing the provisions of chapter 598 of NRS as they relate to the conduct of sellers and salespersons, whether or not the sellers and salespersons are registered pursuant to this chapter.

      2.  The provisions of this section do not apply to:

      (a) Criminal fines imposed pursuant to the provisions of this chapter; or

      (b) Restitution ordered in an action brought by the Attorney General pursuant to the provisions of this chapter. Money collected for restitution ordered in such an action must be deposited by the Attorney General and credited to the appropriate account of the Division or the Attorney General for distribution to the person for whom the restitution was ordered.

      (Added to NRS by 1993, 2096; A 1995, 944; 2001, 2928; 2009, 2732, effective July 1, 2011)