2017 Nevada Revised Statutes
Chapter 645E - Mortgage Bankers
NRS 645E.955 - Restitution.

Universal Citation: NV Rev Stat § 645E.955 (2017)

1. A person who engages in an activity for which a license as a mortgage banker is required pursuant to this chapter, without regard to whether such a person is licensed pursuant to this chapter, may be required by the Commissioner to pay restitution to any person who has suffered an economic loss as a result of a violation of the provisions of this chapter or any regulation adopted pursuant thereto.

2. Notwithstanding the provision of paragraph (m) of subsection 1 of NRS 622A.120, payment of restitution pursuant to subsection 1 shall be done in a manner consistent with the provisions of chapter 622A of NRS.

(Added to NRS by 2009, 747; A 2011, 3636)

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