Under NRS 624, what is the maximum monetary penalty the Nevada State Contractors Board can impose for a first-time violation of contractor licensing requirements?
Correct Answer
A) $10,000
NRS 624.700 allows the Board to impose a civil penalty not exceeding $10,000 for each violation of the licensing requirements.
Why This Is the Correct Answer
NRS 624.700 allows the Board to impose a civil penalty not exceeding $10,000 for each violation of the licensing requirements.
More nv-supplement Questions
Under NRS 624, what is the minimum net worth requirement for a Class A General Contractor license in Nevada?
A Nevada contractor files a mechanics' lien for $45,000. What is the required bond amount to release this lien under NRS 108?
According to Nevada building codes, which edition of the International Building Code (IBC) is currently adopted for commercial construction?
A contractor receives a Notice of Disciplinary Action from the NSCB. Within how many days can they request a hearing to contest the action?
Which Nevada building code edition is currently adopted for commercial construction in most Nevada jurisdictions?
What is the minimum net worth requirement for a Nevada Class A general contractor license?
A contractor's employee is injured on a Nevada job site. The contractor lacks workers' compensation insurance. What is the potential penalty under NRS 624?
Under Nevada law, a contractor's workers' compensation insurance policy lapses on June 1st, and they continue working until June 15th before renewing. What is the potential consequence?
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A Nevada contractor fails to carry required workers' compensation insurance. What penalty can the Nevada Industrial Insurance System impose per day of non-compliance?
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According to Nevada law, which document must be recorded to perfect a mechanic's lien on private property?
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