NAC645F.480. Records of Commissioner: General provisions governing public inspection, confidentiality and disclosure of information relating to investigations, examinations and disciplinary actions.

     1. Except as otherwise provided in this section or by specific statute, all papers, documents, reports and other written instruments filed with the Commissioner pursuant to this chapter or chapter 645F of NRS are open to public inspection.

     2. Except as otherwise provided in subsection 3, the Commissioner may withhold from public inspection or refuse to disclose to a person, for such time as the Commissioner considers necessary, any information that, in the Commissioner’s judgment, would:

     (a) Impede or otherwise interfere with an investigation or examination that is currently pending against a licensee;

     (b) Have an undesirable effect on the welfare of the public; or

     (c) Reveal personal information in violation of NRS 239B.030.

     3. Except as otherwise provided by law, the Commissioner will disclose the following information concerning a licensee to any person who requests it:

     (a) The findings and results of any investigation which:

          (1) Has been completed during the immediately preceding 5 years against the licensee pursuant to the provisions of this chapter or chapter 645F of NRS;

          (2) Resulted in a finding by the Commissioner that the licensee violated a provision of this chapter or chapter 645F of NRS;

          (3) Resulted in an administrative complaint or an order of the Commissioner; and

          (4) Led to administrative action or a stipulated settlement agreement;

     (b) The nature of any disciplinary action that has been taken during the immediately preceding 5 years against the licensee pursuant to the provisions of this chapter or chapter 645F of NRS;

     (c) If the licensee is not a natural person, any information in the possession of the Commissioner regarding the present and past ownership and management structure of the licensee; and

     (d) The rating for each examination of a licensee and an explanation of the standards for determining that rating.

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