NRS 604C.830 – Suspension or revocation of license by Commissioner.
1. The Commissioner may suspend or revoke a license if: (a) The licensee has failed to pay the annual license fee; (b) The licensee, either knowingly or without any exercise of due care to prevent it, has violated any provision of this chapter or any lawful regulation adopted pursuant thereto; (c) The licensee has failed […]
NRS 604C.840 – Administrative fines.
1. The Commissioner may impose an administrative fine of not more than $50,000 upon a person who, without a license, conducts any business or activity for which a license is required pursuant to the provisions of this chapter. 2. The Commissioner shall afford to any person fined pursuant to subsection 1 reasonable notice and an […]
NRS 604C.850 – Contract void if deceptive and abusive violation.
1. If a court of competent jurisdiction determines that a consumer litigation funding company has willfully committed a deceptive and abusive violation of this chapter with regard to a specific consumer litigation funding transaction, the contract shall be void. 2. Nothing in this chapter shall be construed to restrict the exercise of powers or the […]
NRS 604C.800 – Remedies for certain willful violations.
1. Except as otherwise provided in this section, if a licensee willfully: (a) Enters into a consumer litigation funding contract for an amount of interest or any other charge or fee that violates the provisions of this chapter or any regulation adopted pursuant thereto; (b) Demands, collects or receives an amount of interest or any […]
NRS 604C.810 – Commissioner to enforce chapter; penalties.
1. The Commissioner may enforce this chapter and regulations adopted pursuant thereto by taking one or more of the following actions: (a) Ordering a licensee or a director, employee or other agent of a licensee to cease and desist from any violations; (b) Ordering a licensee or a director, employee or other agent of a […]
NRS 604C.820 – Person may file complaint alleging violation; requirements; duties of Commissioner when complaint is filed.
1. A consumer, an attorney for a consumer or any other person who believes that any provision of this chapter has been violated may file a complaint with the Commissioner. Such a complaint must include: (a) The full name and address of the person filing the complaint; (b) A clear and concise statement of facts […]