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Code · Nevada · CHAPTER 669 - TRUST COMPANIES

NRS 669.283 Authority of Commissioner to investigate.

199 words·~1 min read·/nv/chapter-669-trust-companies/669-283

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NRS 669.283 Authority of Commissioner to investigate.
1. For the purpose of discovering violations of chapters 657 to 671 , inclusive, of NRS or of securing information required under this chapter, the Commissioner or the Commissioner’s duly authorized representatives may at any time investigate the business and examine the books, accounts, papers and records used therein of:
(a)Any licensee;
(b)Any other person engaged in an activity for which a license is required pursuant to the provisions of this chapter; and
(c)Any person that 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.
2. For the purpose of examination, the Commissioner or the Commissioner’s authorized representatives must have and be given free access to the offices and places of business, files, safes and vaults of such persons.
3. The Commissioner may require the attendance of any person and examine the person 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.
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