NAC645F.015. “Associated licensee” defined.

Latest version.

     1. “Associated licensee” means a licensee who:

     (a) Is an employee of or independent contractor for an independent licensee; and

     (b) Is authorized by the independent licensee to engage in, on behalf of the independent licensee, any activity that would require a person to be licensed pursuant to this chapter and chapter 645F of NRS.

     2. The term does not include a person who performs only clerical or ministerial tasks for an independent licensee.

(Added to NAC by Comm’r of Mortgage Lending by R052-09, eff. 8-25-2009)

                    
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