Nevada Administrative Code
Chapter 645A - Escrow Agencies and Agents
EDUCATIONAL REQUIREMENTS FOR LICENSURE
Section 645A.090 - Approval of provider: Notice of material change in information provided in application for approval; qualification for and denial of renewal of approval
Current through December 12, 2024
1. Within 15 days after the occurrence of any material change in the information provided by a provider in its application pursuant to NAC 645A.085 which would affect its approval by the Commissioner, the provider shall give the Commissioner written notice of that change.
2. To qualify for annual renewal of approval by the Commissioner, a provider must submit to the Commissioner on or before December 31 of each year:
3. The Commissioner may deny renewal of approval to any provider that does not meet the standards required by this chapter or chapter 645A of NRS.
4. Within 60 days after a decision is made to deny the renewal of approval of a provider, the Commissioner will give written notice of the decision and the basis for that decision by certified mail to the last known address of the provider.
5. The Commissioner may waive some or all of the requirements of this section for a provider that is approved pursuant to subsection 2 of NAC 645A.085.
Added to NAC by Comm'r of Mortgage Lending by R143-08, eff. 4-20-2010; A by R070-16A, eff. 1/27/2017
NRS 645A.021, 645A.039 and 645A.050