Nevada Administrative Code
Chapter 645A - Escrow Agencies and Agents
STANDARDS OF PRACTICE
Section 645A.280 - Semiannual activity report: Requirement; contents; review and certification by control person
Universal Citation: NV Admin Code 645A.280
Current through December 12, 2024
1. Each escrow agency shall file with the Commissioner a semiannual activity report on a date and in a form prescribed by the Commissioner.
2. The semiannual activity report must include:
(a) Information concerning the operations of the escrow agency, including the number of escrow transactions conducted by the escrow agency and the total dollar volume of those transactions;
(b) Information concerning the administration of trust accounts;
(c) A one-page summary report of the completed three-way reconciliation from the last month of the report period; and
(d) Other documents in support of the activity report as required by the Commissioner.
3. The activity report required pursuant to this section must be reviewed and certified by a control person of the escrow agency.
Added to NAC by Commr of Mortgage Lending by R070-16A, eff. 1/27/2017
NRS 645A.050
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