Nevada Administrative Code (Last Updated: January 6, 2015)

NAC645E.207. Qualifications of applicant: Requirements for licensure pursuant to NRS 645E.200.

Latest version.

     1. Pursuant to subsection 3 of NRS 645E.200, the Commissioner will not issue a license as a mortgage banker unless the requirements of that subsection have been fulfilled.

     2. For the purposes of subparagraph (2) of paragraph (b) of subsection 3 of NRS 645E.200, the Commissioner will not consider a person to have been convicted or entered a plea of guilty or nolo contendere if the conviction or plea has been pardoned or vacated.

     3. For the purposes of subparagraph (4) of paragraph (b) of subsection 3 of NRS 645E.200, a license shall not be considered to be revoked or suspended if the revocation or suspension was subsequently vacated.

(Added to NAC by Comm’r of Mortgage Lending by R038-10, eff. 7-22-2010)

                    
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