Nev. Admin. Code § 361.928 — 361.928

NAC 361.928    Consequences of fraudulent misrepresentation or omission of
information relating to application or installment agreement. ( NRS 361.900 , 361.920 )
1.  If the State Treasurer determines that a
titleholder has fraudulently misrepresented or omitted any information relating
to an application or installment agreement, the State Treasurer may deny the
application, cancel the installment agreement or revoke the certificate.
2.  If the State Treasurer cancels the
installment agreement, the State Treasurer will so notify the titleholder and:
(a) Prepare a refund in the manner and subject to
the provisions set forth in NRS
361.900 for a refund upon the rescission of an installment agreement; and
(b) Remit the refund to the titleholder within 90
days.
3.  If the State Treasurer revokes the
certificate, the State Treasurer will so notify the titleholder and:
(a) Prepare a refund in the manner and subject to
the provisions set forth in NRS
361.915 for a refund upon the relinquishment of allodial title; and
(b) Remit the refund to the titleholder within 90
days.
(Added to NAC by St. Treasurer by R088-01, eff. 10-22-2001)