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2020 Nevada Revised Statutes
Chapter 645B - Mortgage Companies and Mortgage Loan Originators
NRS 645B.021 - Mortgage company who is not natural person to designate natural person as qualified employee; regulations. [Effective January 1, 2020.]
Universal Citation: NV Rev Stat § 645B.021 (2020)
1. If a mortgage company is not a natural person, the mortgage company must designate a natural person as a qualified employee to act on behalf of the mortgage company.
2. The Division shall adopt regulations regarding a qualified employee, including, without limitation, regulations that establish:
(a) A definition for the term "qualified employee";
(b) Any duties of a qualified employee; and
(c) Any requirements regarding a qualified employee.
(Added to NRS by 2007, 950; A 2017, 3041, effective January 1, 2020)
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