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NEVADA STATUTES AND CODES

645B.021 - Mortgage broker who is not natural person to designate natural person as qualified employee; regulations.

645B.021  Mortgage broker who is not natural person to designate natural person as qualified employee; regulations.

      1.  If a mortgage broker is not a natural person, the mortgage broker must designate a natural person as a qualified employee to act on behalf of the mortgage broker.

      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)

     

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