Nev. Admin. Code § 704.792 - Penalties: Repeated violations

1. If the Commission finds in two separate orders that a distribution company has materially violated the provisions of NAC 704.789 to 704.792, inclusive, more than twice in a period of 12 months, the distribution company may not, for 1 year after the date of the findings by the Commission, enter into a transaction with an affiliate that was involved in the violations.

2. If a distribution company violates the provisions of subsection 1 by entering into a prohibited transaction with an affiliate, the Commission may:

(a) Extend the period in which the distribution company is prohibited from entering into a transaction with the affiliate; or

(b) Permanently prohibit the distribution company from entering into a transaction with the affiliate.

3. The penalties set forth in this section do not preclude any other penalty from being imposed pursuant to NAC 704.789 to 704.792, inclusive, or any other provision of law.

Notes

Nev. Admin. Code § 704.792

Added to NAC by Pub. Utilities Comm'n by R087-98, eff. 2-3-99

NRS 703.025, 704.210, 704.997, 704.998