Nev. Admin. Code § 679B.050

Current through November 8, 2024

Section 679B.050 - "Final judgment" defined

"Final judgment" means a judgment of a court of competent jurisdiction based upon the merits of the case:

1. Which finds fraud, intentional misrepresentation, embezzlement or deceit on the part of a licensee in connection with a transaction for which the licensee was licensed; and

2. Upon which the time for appeal has elapsed without the filing of an appeal or upon which a decision has been rendered on appeal and no further recourse is available.

Nev. Admin. Code § 679B.050

Added to NAC by Comm'r of Insurance, eff. 3-18-82; A by R152-99, 1-28-2000

NRS 679B.305