645A.221 - Contracts for escrow transaction voidable for certain violations; administrative fines.
645A.221 Contracts for escrow transaction voidable for certain violations; administrative fines. If a person, or any general partner, director, officer, agent or employee of a person, violates the provisions of NRS 645A.210 or 645A.220:
1. Any contracts entered into by that person for the escrow transaction are voidable by the other party to the contract; and
2. In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $50,000.
(Added to NRS by 2009, 741)