NAC624.760. Determination; final order.  


Latest version.
  •      1. In making its determination on a complaint, the Board or appointed committee will consider all matters relevant to the complaint seeking recovery, including, without limitation:

         (a) The financial condition of the Recovery Fund;

         (b) The nature of the complaint seeking recovery and the amount of money sought to be recovered by the claimant; and

         (c) If there is more than one claimant, the equitable division of available money from the Recovery Fund among the claimants.

         2. The Board or appointed committee will authorize payment of the complaint seeking recovery in full or in part, or deny the claim in full or in part, by entry of a final order.

     (Added to NAC by Contractors’ Bd. by R068-01, eff. 11-8-2001)