Nevada Code § 671.375

Examination of licensee or authorized delegate by Commissioner; authorized actions to administer and enforce chapter; authorized actions to conduct examination; provision of records required; use of multistate standards and procedures; fees
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1. The Commissioner shall, as often as the
Commissioner determines to be necessary, examine the financial accounts of each
licensee and any other documents relevant to the conduct of the licensees
business and may conduct other examinations of a licensee or authorized
delegate that the Commissioner determines to be necessary. The Commissioner may
take any action authorized by the provisions of this chapter or the regulations
adopted pursuant thereto as reasonably necessary or appropriate to administer
and enforce the provisions of this chapter, the regulations adopted pursuant
thereto and other applicable law, including, without limitation, the Bank
Secrecy Act and the USA Patriot Act.
2. For the purpose of an examination
conducted pursuant to subsection 1, the Commissioner may:
(a) Enter upon any of the business premises of a
licensee or the licensees authorized delegates and obtain access to the
relevant documents.
(b) Conduct such an examination on-site or
off-site as the Commissioner may reasonably require.
(c) Conduct such an examination in conjunction
with an examination conducted by a representative of another agency of this
State, an agency of another state or an agency of the federal government.
(d) Accept the examination report of another
agency of this State, an agency of another state or an agency of the federal
government. Upon acceptance by the Commissioner, such an examination report
shall be considered an official report of the Commissioner.
(e) Summon and examine under oath a key
individual or employee of a licensee or authorized delegate and require the key
individual or employee to produce records regarding any matter related to the
condition and business of the licensee or authorized delegate.
3. The Commissioner is entitled to full
access to all records the Commissioner reasonably requires to conduct a
complete examination. A licensee or authorized delegate shall provide all such
records at the location and in the format specified by the Commissioner. Any
person who obstructs or denies the Commissioner entry onto the business premises
of a licensee or authorized delegate or access to the relevant documents of a
licensee or authorized delegate commits a violation of this chapter.
4. The Commissioner may use multistate
record production standards and examination procedures if the Commissioner
determines that such standards will reasonably achieve the requirements of this
section.
5. For each examination of a licensee or
an authorized delegate of the licensee, the Commissioner shall charge and
collect from the licensee a fee for conducting the examination and in preparing
and typing the report at the rate established and, if applicable, adjusted
pursuant to NRS 658.101 .

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