NRS 628B.600 - Authority of Commissioner to require immediate removal of officer, director, manager or employee; grounds; appeal; notice and hearing; entry of order; final order for purposes of judicial review.

NV Rev Stat § 628B.600 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

1. The Commissioner may require the immediate removal from office of any officer, director, manager or employee of any private professional guardian company doing business under this chapter who is found to be dishonest, incompetent or reckless in the management of the affairs of the private professional guardian company, or who persistently violates the laws of this State or the lawful orders, instructions and regulations issued by the Commissioner.

2. An officer, director, manager or employee of a private professional guardian company who is required to be removed from office pursuant to subsection 1 may appeal his or her removal by filing a written request for a hearing with the Commissioner within 10 days after the effective date of his or her removal. The Commissioner shall conduct the hearing after providing at least 5 days’ written notice to the private professional guardian company and the officer, director, manager or employee who is appealing his or her removal from office. Within 5 days after the conclusion of the hearing, the Commissioner shall enter an order affirming or disaffirming the removal of the person from office. An order of the Commissioner entered pursuant to this subsection is final for the purposes of judicial review.

(Added to NRS by 2015, 2358)

Previous Section

NRS 628B.590 - Authority of Commissioner to require licensee to submit annual financial statement or audit; annual submission of ledger of stockholders or list of members and managers; fee for noncompliance; regulations.

Next Section

NRS 628B.700 - Authorized actions of Commissioner; grounds.