Contracts for escrow transaction voidable for certain violations; administrative fines.

Nev. Rev. Stat. § 645A.221
in effect
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If a person, or any general partner, director, officer, agent or employee of a person, violates the provisions of NRS 645A.015 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645A.htmlFetched: 10/4/2026

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