Nevada § 645B.093 Commingling certain money prohibited

Nevada Statutes

§ 645B.093 — Commingling certain money prohibited

Nevada § 645B.093

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

Commingling Money

This text of Nevada § 645B.093 (Commingling certain money prohibited) 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.093 (2026).

Text

1. A mortgage company who is a broker-dealer or a sales representative licensed pursuant to NRS 90.310 or who is exempt from licensure pursuant to NRS 90.320 :

(a)Shall not commingle money received for mortgage transactions and money received for securities transactions; and

(b)Shall ensure that all money received for mortgage transactions is accounted for separately from all money received for securities transactions. 2. A mortgage company who is an investment adviser or a representative of an investment adviser licensed pursuant to NRS 90.330 or exempt from licensure pursuant to NRS 90.340 or 90.345 :

(a)Shall not commingle money received for mortgage transactions and money received for securities transactions; and

(b)Shall ensure that all money received for mortgage transactions is

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1. A mortgage company who is a broker-dealer or a sales representative licensed pursuant to NRS 90.310 or who is exempt from licensure pursuant to NRS 90.320 :
(a) Shall not commingle money received for mortgage transactions and money received for securities transactions; and
(b) Shall ensure that all money received for mortgage transactions is accounted for separately from all money received for securities transactions.
2. A mortgage company who is an investment adviser or a representative of an investment adviser licensed pursuant to NRS 90.330 or exempt from licensure pursuant to NRS 90.340 or 90.345 :
(a) Shall not commingle money received for mortgage transactions and money received for securities transactions; and
(b) Shall ensure that all money received for mortgage transactions is accounted for separately from all money received for securities transactions.