Nev. Admin. Code § 683A.430 - Curing of deficiency
1. Any person having a deficit in his or her fiduciary account, as measured pursuant to NAC 683A.420, must cure the deficiency within 5 days after receiving notice of the deficiency from the Commissioner by:
(a) Depositing an amount equal to the deficiency in the trust account; and
(b) Sending a written explanation for the deficiency to the Commissioner.
2. The Commissioner will consider any person who fails to cure a deficiency in the fiduciary account pursuant to subsection 1, to be financially irresponsible pursuant to subsection 8 of NRS 683A.451.
Notes
NRS 679B.130, 683A.400
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