NAC645A.130. Providers of approved courses: Employment of instructors; miscellaneous duties and restrictions.

A provider that conducts approved courses:

     1. May employ as instructors of the approved courses only persons who meet the qualifications set forth in NAC 645A.135.

     2. Shall limit guest lecturers who are experts in related fields, excluding Division personnel, to 25 percent of the total hours of instruction per approved course.

     3. Shall include a statement that the provider is approved by the Commissioner on all advertisements of the provider.

     4. Shall require each student to attend the entire approved course as a condition of receiving certification for the approved course.

     5. Shall certify the completion of only the number of hours for which the approved course has been approved by the Commissioner. Except as otherwise provided in subsection 2 of NAC 645A.160, completion of a portion of an approved course does not satisfy the requirements for certification.

     6. Shall update its course materials at least annually to reflect changes in the law and the marketplace.

     7. Shall not allow a student to pass an approved course by taking an examination without having the required attendance. In addition, an owner, instructor, affiliate or other person associated with the provider may not take an examination administered by the provider to meet the requirements for initial licensure or continuing education under this chapter and chapter 645A of NRS.

     8. Shall admit the Commissioner to audit and evaluate the presentation of the approved course without prior notice by the Commissioner or cost to the Commissioner.

     9. Shall not present an approved course for the main purpose of selling products or services and shall limit the announcement of products or services during the approved course to not more than 1 minute for each credit hour.

     10. Shall not provide, distribute, disseminate or otherwise make available to students the answers to examination questions.

     (Added to NAC by Comm’r of Mortgage Lending by R143-08, eff. 4-20-2010)