2001 REGULAR SESSION (71st)                                                                            A AB335 178

Amendment No. 178

 

Assembly Amendment to Assembly Bill No. 335                                                                (BDR 54-782)

Proposed by: Committee on Commerce and Labor

Amendment Box:

Resolves Conflicts with: N/A

Amends:         Summary:               Title:               Preamble:               Joint Sponsorship:

 

ASSEMBLY ACTION              Initial and Date              |SENATE ACTION                        Initial and Date

       Adopted       Lost                                               |          Adopted       Lost                                           

Concurred In                     Not                                                        |Concurred In  Not                                 

       Receded        Not                                               |         Receded        Not                                           

 

     Amend section 1, pages 1 and 2, by deleting lines 14 through 17 on page 1 and lines 1 and 2 on page 2, and inserting:

“shall, after notice and opportunity for a hearing:

     (a) Impose upon the person an administrative fine of $10,000; or

     (b) Enter into a written consent agreement with the person pursuant to which the person agrees to cease and desist from all unlicensed activity in this state relating to the collection of debts, and impose upon the person an administrative fine of not less than $5,000 and not more than $10,000.

FLUSH
 
The imposition of an administrative fine pursuant to this subsection is a final decision for the purposes of judicial review.

     4.  The commissioner shall bring suit in the name and on behalf of the State of Nevada against a person upon whom an administrative fine is imposed pursuant to subsection 3 to recover the amount of the administrative fine:

     (a) If no petition for judicial review is filed pursuant to NRS 233B.130 and the fine remains unpaid for more than 90 days after notice of the imposition of the fine; or

     (b) If a petition for judicial review is filed pursuant to NRS 233B.130 and the fine remains unpaid for more than 90 days after exhaustion of any right of appeal in the courts of this state resulting in a final determination that upholds the imposition of the fine.”.