Nevada Administrative Code
Chapter 90 - Securities
PROCEEDINGS BEFORE THE ADMINISTRATOR
Section 90.560 - Complaint; answer; setting of hearing

Universal Citation: NV Admin Code 90.560

Current through December 12, 2024

1. Initial pleadings before the Administrator must be entitled complaint and answer.

2. The complaint described in subsection 1 must be served with a summons which sets forth:

(a) The location for filing an answer;

(b) The person representing the Division in the proceedings; and

(c) A statement that:
(1) An answer must be received not later than 20 days after service of the complaint and summons; and

(2) Failing to answer will result in a default order on the complaint and may result in an award of any relief sought in the complaint.

3. The respondent shall file an answer to the complaint not later than 20 days after service of the complaint and summons upon the respondent, unless an extension of time is granted by the Administrator. Matters alleged by way of affirmative defense must be separately stated and numbered.

4. If, after service of the complaint and summons, the respondent fails to answer the complaint in accordance with subsection 3, the Division may file a default order and apply for a judgment on any or all of the claims in the complaint. Upon the filing of a default order, the Administrator shall set the default order for a hearing and determine the appropriate relief based on the complaint.

5. Except as otherwise provided in NRS 90.800 and subsection 4, a complaint will be set for hearing at the earliest convenience of the Administrator, unless notice of satisfaction of the complaint, by answer or otherwise, is received by the Administrator.

Added to NAC by Sec'y of State, eff. 4-22-88; A 10-16-89; A by R018-21A, eff. 6/2/2023

NRS 90.750, 233B.050, 233B.121

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.