1. Any person authorized to engage in activities as a residential mortgage loan originator on behalf of a privately insured institution or organization licensed under title 55 or 56 of NRS shall obtain and maintain a license as a mortgage agent.
2. As used in subsection 1:
(a) “Mortgage agent” has the meaning ascribed to in NRS 645B.0125; and
(b) “Residential mortgage loan originator” has the meaning ascribed to it in NRS 645B.01325.
(Added to NRS by 2009, 2693)