Nevada Administrative Code
Chapter 90 - Securities
PROCEEDINGS BEFORE THE ADMINISTRATOR
Section 90.605 - Rendering of order or decision; petition for rehearing

Universal Citation: NV Admin Code 90.605

Current through December 12, 2024

1. An order or decision on a hearing will be rendered within 30 days after the completion of the hearing.

2. Any party aggrieved by a decision of the Administrator or his or her representative may file a petition for rehearing as provided in this section.

3. A petition for rehearing must:

(a) Not exceed 10 pages in length;

(b) Be filed and served upon each opposing party within 15 days after service of the decision; and

(c) Set forth with particularity each point of law or fact on which the petitioner relies.

4. Unless the Administrator so orders, the filing of a petition for rehearing does not stay enforcement of the decision.

5. A rehearing may be granted for any of the following reasons:

(a) Irregularity in the hearing proceedings, to which timely objection has been made;

(b) Accident or surprise which ordinary prudence could not have guarded against; or

(c) Newly discovered material evidence which could not with reasonable diligence have been produced at the hearing.

6. The staff of the Administrator may file and serve a written answer to the petition. The answer must be filed and served within 10 days after service of the petition.

7. Oral argument on the petition will not be permitted.

Added to NAC by Sec'y of State, eff. 4-22-88; A 10-16-89

NRS 90.750, 233B.050

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.
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