Nevada § 645B.085 Annual financial statement; audit of trust accounts; regulations

Nevada Statutes

§ 645B.085 — Annual financial statement; audit of trust accounts; regulations

Nevada § 645B.085

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

Records and Financial Statements

This text of Nevada § 645B.085 (Annual financial statement; audit of trust accounts; regulations) 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.085 (2026).

Text

1. Except as otherwise provided in this section, not later than 90 days after the last day of each fiscal year for a mortgage company, the mortgage company shall submit to the Commissioner a financial statement that:

(a)Is dated not earlier than the last day of the fiscal year; and

(b)Has been prepared from the books and records of the mortgage company by an independent certified public accountant who holds a license to practice in this State or in any other state that has not been revoked or suspended. 2. Unless otherwise prohibited by the Registry, the Commissioner may grant a reasonable extension for the submission of a financial statement pursuant to this section if a mortgage company requests such an extension before the date on which the financial statement is due. 3. If a mortgage

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1. Except as otherwise provided in this section, not later than 90 days after the last day of each fiscal year for a mortgage company, the mortgage company shall submit to the Commissioner a financial statement that:
(a) Is dated not earlier than the last day of the fiscal year; and
(b) Has been prepared from the books and records of the mortgage company by an independent certified public accountant who holds a license to practice in this State or in any other state that has not been revoked or suspended.
2. Unless otherwise prohibited by the Registry, the Commissioner may grant a reasonable extension for the submission of a financial statement pursuant to this section if a mortgage company requests such an extension before the date on which the financial statement is due.
3. If a mortgage company maintains any accounts described in subsection 1 of NRS 645B.175 , the financial statement submitted pursuant to this section must be audited. If a mortgage company maintains any accounts described in subsection 1 or 4 of NRS 645B.175 , those accounts must be audited.
4. The Commissioner shall adopt regulations prescribing the scope of an audit conducted pursuant to subsection 3.