NAC645B.031. Corporate office: Filing of application with Office of Commissioner to fulfill requirements of S.A.F.E. Mortgage Licensing Act.

     1. Unless otherwise specifically prohibited by federal law and pursuant to the S.A.F.E. Mortgage Licensing Act, a corporate office which is not licensed under chapter 645B of NRS, but has an office which is licensed under 645B of NRS, may file an application with the Office of the Commissioner solely for the purpose of fulfilling the requirements of the S.A.F.E. Mortgage Licensing Act, including, without limitation, for the purposes of registering with the Registry.

     2. An application submitted pursuant to subsection 1:

     (a) Does not affect the unlicensed status of the corporate office; and

     (b) Does not allow the corporate office to conduct business within this State.

     (Added to NAC by Comm’r of Mortgage Lending by R035-10, eff. 7-22-2010)