676.270 - Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses; fee. [Effective through June 30, 2010.] - Nevada Statutes

676.270  Authorization of Commissioner to investigate business; free access required; compelling attendance of witnesses; fee. [Effective through June 30, 2010.]

      1.  For the purpose of discovering violations of this chapter or of securing information lawfully required under this chapter, the Commissioner or his or her authorized representative may at any time and shall, at least once each year, investigate the business and examine the books, accounts, papers and records of any licensee.

      2.  For the purpose of discovering violations of this chapter or of securing information lawfully required under this chapter, the Commissioner or his or her duly authorized representatives may at any time investigate the business and examine the books, accounts, papers and records used therein of:

      (a) Any other person engaged in an activity for which a license is required pursuant to the provisions of this chapter; and

      (b) Any person whom the Commissioner has reasonable cause to believe is violating or is about to violate any provision of this chapter, whether or not the person claims to be within the authority or beyond the scope of this chapter.

      3.  For the purpose of examination, the Commissioner or his or her authorized representatives shall have and be given free access to the offices and places of business, files, safes and vaults of such persons described in this section.

      4.  The Commissioner may require the attendance of any person and examine him or her under oath regarding:

      (a) Any transaction or business regulated pursuant to the provisions of this chapter; or

      (b) The subject matter of any audit, examination, investigation or hearing.

      5.  For each examination of a licensee, the Commissioner shall charge and collect from the licensee a fee for conducting the examination and in preparing and typing the report of the examination at the rate established pursuant to NRS 658.101.

      (Added to NRS by 1973, 1492; A 1979, 956; 1983, 1327, 1814; 1987, 1996, 2227; 2005, 1884; R 2009, 2001, effective July 1, 2010)