NAC645E.321. Grounds for denial of renewal of license.

Latest version.

As regards the renewal of a license pursuant to subsection 1 of NRS 645E.280, the Commissioner will not renew the license of a mortgage banker if the mortgage banker:

     1. Has not paid all fees, fines and assessments owed to the Division or the Registry;

     2. Is not properly registered with the Registry;

     3. Fails to provide any required annual financial statements or reports of condition to the Division or Registry; or

     4. Fails to provide any other item required by federal or state law or regulation, including, without limitation, the S.A.F.E. Mortgage Licensing Act.

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

                    
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