LegalFix
Sign In

NRS 645F.293 - Secure and Fair Enforcement for Mortgage Licensing Act of 2008: Adoption of regulations to carry out provisions. [Effective through December 31, 2019.]

NV Rev Stat § 645F.293 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. The Commissioner shall adopt regulations to carry out the provisions of the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

2. The regulations must include, without limitation:

(a) A method by which to allow for reporting regularly violations of the relevant provisions of chapter 645B or 645E of NRS, enforcement actions and other relevant information to the Registry; and

(b) A process whereby a person may challenge information reported to the Registry by the Commissioner.

3. The regulations must not require a mortgage agent, mortgage banker, mortgage broker or mortgage servicer or an employee of a mortgage banker, mortgage broker or mortgage servicer to register with the Registry if the mortgage agent, mortgage banker, mortgage broker, mortgage servicer or employee is exempt from registration pursuant to subsection 1 of NRS 645F.267.

(Added to NRS by 2009, 2689; A 2011, 1394; 2015, 2809)

Previous Section
NRS 645F.292 - Secure and Fair Enforcement for Mortgage Licensing Act of 2008: Adoption of regulations to comply with requirements.
Next Section
NRS 645F.293 - Secure and Fair Enforcement for Mortgage Licensing Act of 2008: Adoption of regulations to carry out provisions. [Effective January 1, 2020.]