Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter645H Asset Management Companies and Asset Managers |
STANDARDS OF PRACTICE |
Miscellaneous Provisions |
NAC645H.470. Examination or audit of office; form; cooperation in examination of office or audit.
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1. The Division may use a form of its design to conduct any examination or audit of the office of an asset management company or asset manager and require the qualified employee or asset manager or other employee in charge of the office to sign such a form.
2. An examination will include, without limitation:
(a) Verification of the address of the office;
(b) The system used in filing records;
(c) Organization and completeness of work files;
(d) Advertising; and
(e) The availability of current statutes and regulations at the office.
3. An asset management company or asset manager shall, upon demand, provide the Division with the documents and the permission necessary to complete fully the office examination or audit.
(Added to NAC by Real Estate Div. by R147-12, eff. 6-3-2013)