NAC645B.044. Provision of certain information to Commissioner by regulating entity or agency.

Latest version.

In addition to the requirements of subsection 1 of NRS 645B.016, a person who claims an exemption from the provisions of chapter 645B of NRS pursuant to subsection 1 of NRS 645B.015 must ensure that the entity or agency which regulates the conduct of the person’s business provides to the Commissioner written notification that:

     1. The license of the person provides the right to make or broker mortgage loans;

     2. The entity or agency will investigate complaints arising from or relating to consumers in this State; and

     3. If the person conducts activity as a residential mortgage loan originator, the person is in compliance with the requirements of the S.A.F.E. Mortgage Licensing Act and any regulation adopted pursuant thereto.

(Added to NAC by Comm’r of Mortgage Lending by R058-08, eff. 4-23-2009; A by R035-10, 7-22-2010)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');