Nevada Administrative Code
Chapter 645B - Mortgage Brokers and Mortgage Agents
EDUCATIONAL REQUIREMENTS FOR LICENSURE
Section 645B.Sec. 4 - NEW

1. Except as otherwise provided in section 2 of LCB File No. R178-18, a person who has been issued a license by endorsement as a mortgage company or mortgage loan originator pursuant to section 3 of LCB File No. R178-18 is subject to the same duties, restrictions, penalties, liabilities, conditions and limitations that would apply under the laws of this State to a person issued a license as a mortgage company or mortgage loan originator, as applicable, who did not obtain his or her license by endorsement pursuant to section 3 of LCB File No. R178-18.

2. A license by endorsement issued pursuant to section 3 of LCB File No. R178-18 expires and is subject to renewal as provided by NRS 645B.050 or 645B.430, as applicable, on the same terms as a license which was not issued by endorsement.