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.
(Added to NRS by 1987, 1254; A 1993, 2618)
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