NRS 689.510 Permit: Revocation; suspension.
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NRS 689.510 Permit: Revocation; suspension.
1. After giving written notice of charges to the seller, not less than 30 days in advance of a hearing, the Commissioner may, after the hearing, revoke the seller’s permit if the seller:
(a)Obtained the permit through misrepresentation or concealment of a material fact;
(b)Is no longer qualified for such a permit; or
(c)Violates any provision of NRS 689.450 to 689.595 , inclusive, or any lawful order or regulation of the Commissioner.
2. If a seller is found to be in violation of paragraph
(c)of subsection 1, the Commissioner may, in lieu of revocation, suspend the seller’s permit for a period not to exceed 90 days.