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Nevada Administrative Code (Last Updated: January 6, 2015) |
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Chapter645G Qualified Intermediaries for Tax-Deferred Exchanges of Property |
| NAC 645G.010. Definitions. |
| NAC 645G.020. “Act as a qualified intermediary” interpreted. |
| NAC 645G.040. “Officer” interpreted. |
| NAC 645G.050. Registration: Application; effective date; expiration; notice of denial. |
| NAC 645G.060. Rejection of application. |
| NAC 645G.070. Renewal of registration. |
| NAC 645G.080. Revocation of registration; procedure. |
| NAC 645G.090. Bond or deposit: Minimum amount; increase of minimum amount; objection by applicant; procedural requirements. |
| NAC 645G.100. Purposes and restrictions of bond. |
| NAC 645G.110. Deposit of security in lieu of bond. |
| NAC 645G.120. Claim for reimbursement of financial losses caused by qualified intermediary; exceptions. |
| NAC 645G.130. Approval and payment of claim. |
| NAC 645G.140. Denial of claim; appeal. |
Notation
REVISER’S NOTE.
The provisions of NAC 645G.010 to 645G.140, inclusive, which provide for the regulation of qualified intermediaries, were adopted by the Real Estate Division of the Department of Business and Industry pursuant to the former provisions of NRS 645.606 to 645.6085, inclusive. Chapter 517, Statutes of Nevada 2007, at pages 3104-3122, transferred the regulatory authority concerning qualified intermediaries to the Division of Financial Institutions of the Department of Business and Industry. Section 53 of chapter 517, Statutes of Nevada 2007, at page 3121, provides that:
“A regulation adopted by the Real Estate Division of the Department of Business and Industry pursuant to NRS 645.606 to 645.6085, inclusive, remains in effect as a regulation of the Division of Financial Institutions of the Department of Business and Industry until amended or repealed by the Division of Financial Institutions.”