Nevada § 645B.0243 Grounds for denial of license: Employing or associating with certain persons who are ineligible to be mortgage loan originators

Nevada Statutes

§ 645B.0243 — Grounds for denial of license: Employing or associating with certain persons who are ineligible to be mortgage loan originators

Nevada § 645B.0243

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

MORTGAGE COMPANIES

This text of Nevada § 645B.0243 (Grounds for denial of license: Employing or associating with certain persons who are ineligible to be mortgage loan originators) 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.0243 (2026).

Text

The Commissioner may refuse to issue a license to an applicant if the Commissioner has reasonable cause to believe that the applicant or any general partner, officer or director of the applicant has, after October 1, 1999, employed or proposed to employ a person as a mortgage loan originator or authorized or proposed to authorize a person to be associated with a mortgage company as a mortgage loan originator at a time when the applicant or the general partner, officer or director knew or, in light of all the surrounding facts and circumstances, reasonably should have known that the person has committed any act or omission that would be cause for refusing to issue a license to a mortgage loan originator.

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The Commissioner may refuse to issue a license to an applicant if the Commissioner has reasonable cause to believe that the applicant or any general partner, officer or director of the applicant has, after October 1, 1999, employed or proposed to employ a person as a mortgage loan originator or authorized or proposed to authorize a person to be associated with a mortgage company as a mortgage loan originator at a time when the applicant or the general partner, officer or director knew or, in light of all the surrounding facts and circumstances, reasonably should have known that the person has committed any act or omission that would be cause for refusing to issue a license to a mortgage loan originator.