Nevada Statutes
§ 645B.01325 — “Residential mortgage loan originator” defined
Nevada § 645B.01325
This text of Nevada § 645B.01325 (“Residential mortgage loan originator” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 645B.01325 (2026).
Text
“Residential mortgage loan originator” means a natural person who takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan for compensation or other pecuniary gain. The term does not include:
1.A loan processor, underwriter or other natural person who performs clerical or ministerial tasks as an employee at the direction of and subject to the supervision and instruction of a person licensed or exempt from licensing under this chapter, unless the person who performs such clerical or ministerial tasks is an independent contractor; or
2.A person solely involved in extensions of credit relating to timeshare plans, as that term is defined in 11 U.S.C. § 101(53D).
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Related
§ 101
11 U.S.C. § 101
Legislative History
(Added to NRS by 2009, 2677 ; A 2013, 114 )
Nearby Sections
15
§ 645B.010
Definitions§ 645B.0102
“Applicant” defined§ 645B.0104
“Clerical or ministerial tasks” defined§ 645B.01043
“Commercial mortgage loan” defined§ 645B.01047
“Commercial property” defined§ 645B.0105
“Commissioner” defined§ 645B.0107
“Construction control” defined§ 645B.0109
“Depository financial institution” defined§ 645B.0111
“Division” defined§ 645B.0112
“Dwelling” defined§ 645B.01125
“Employee” defined§ 645B.0113
“Escrow agency” defined§ 645B.0115
“Escrow agent” defined§ 645B.0117
“Escrow officer” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 645B.01325, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/645B.01325.