616B.425 - Order by Commissioner to cease and desist; penalty for violation of order. - Nevada Statutes

616B.425  Order by Commissioner to cease and desist; penalty for violation of order.

      1.  The Commissioner may issue an order requiring an association of self-insured public or private employers or a member of the association to cease and desist from engaging in any act or practice found to be in violation of any provision of NRS 616B.350 to 616B.446, inclusive, or any regulation adopted pursuant thereto.

      2.  If the Commissioner determines that an association or a member of the association has violated an order to cease and desist, the Commissioner may impose an administrative fine of not more than $10,000 for each violation of the order, not to exceed an aggregate amount of $100,000, or withdraw the certificate of the association, or both.

      (Added to NRS by 1993, 678; A 2007, 3339)