NRS
686A.070 Falsification of or knowing omissions in records or
falsification of financial statements prohibited; penalty.
1. A person subject to regulation under
this Code shall not knowingly make or cause to be made any false entry of a
material fact in any book, report or statement of any person or knowingly omit
to make a true entry of any material fact pertaining to such person’s business
in any book, report or statement of such person.
2. A person shall not knowingly file with
any supervisory or other public officer, or knowingly make, publish,
disseminate, circulate or deliver to any person, or place before the public, or
knowingly cause directly or indirectly, to be made, published, disseminated,
circulated, delivered to any person, or placed before the public, any false
material statement of fact as to the financial condition of a person.
3. Any person who violates, or with like
intent, aids or abets any violation of this section is guilty of a gross
misdemeanor.
(Added to NRS by 1971,
1689; A 1975,
1287)
Notes of Decisions
Home Warranty Adm'r of Nev., Inc. Vs. State, Dep't of Bus. & Indus., 481 P.3d 1242 (Nev. 2021).
· cites it 2× “In the amended complaint, the Division alleged that HWAN violated the false-entry statute, NRS 686A.070, by "falsely answer[ingl cne to a question in several of 9 HWAN's COR renewal applications asking whether HWAN or any new officers had been fined in other states since its…”
Crystal Bay Gen. Improvement Dist. v. Aetna Cas. & Sur. Co., 713 F. Supp. 1371 (D. Nev. 1989).
“510), mostly enforceable at the option of the commissioner. The Act is silent on private rights of action, yet the designation of unfair practices in settling claims is obviously for the benefit of purchasers of insurance.”
Nev. Rev. Stat. § 686A.070(3): 1 case
Crystal Bay Gen. Improvement Dist. v. Aetna Cas. & Sur. Co., 713 F. Supp. 1371 (D. Nev. 1989).
“510), mostly enforceable at the option of the commissioner. The Act is silent on private rights of action, yet the designation of unfair practices in settling claims is obviously for the benefit of purchasers of insurance.”
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