Nevada Revised Statutes 628B.910 – Administrative fines; limitation
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1. In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $10,000 per violation upon a person who violates any provision of this chapter or any regulation adopted pursuant thereto.
Terms Used In Nevada Revised Statutes 628B.910
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. The maximum total fine that the Commissioner may impose on any person pursuant to this section with respect to the same or similar actions or series of actions which constitute the violations must not exceed the greater of $250,000 or 125 percent of the monetary value of all losses incurred by the private professional guardian company and its protected persons as the direct or indirect result of such violations.