Section 645B.020 - Documentation required with application for license; conditional approval; effect of failure to respond to written request for information1. An applicant must submit with his or her application for a license as a mortgage company pursuant to chapter 645B of NRS:(a) A copy of the applicant's state business license, when applicable, the applicant's application for such a license if the applicant has not obtained one or evidence that the applicant is exempt from the requirement to obtain a state business license.(b) If the applicant intends to operate under an assumed or fictitious name, a copy of the certificate filed by the applicant pursuant to chapter 602 of NRS indicating the assumed or fictitious name of the applicant. An applicant may not use more than one assumed or fictitious name.(c) If the applicant is not a natural person, a copy of the documents that formed the applicant and its operating documents and any amendments thereto.(d) Evidence that the applicant has met the requirements imposed by the S.A.F.E. Mortgage Licensing Act.(e) A current electronic mail address for the applicant or the person designated by the applicant for contact with regulators.(f) The name of each mortgage loan originator who will be employed by the applicant at the location.2. If an applicant has received a letter of conditional approval of his or her application from the Division which imposes additional requirements that the applicant must satisfy to obtain a license, the applicant must comply with those requirements within 30 days after the date on which the letter was issued by the Division. If the applicant does not satisfy all additional requirements set forth in the letter within the period prescribed in this subsection, the conditional approval of the application will be deemed to have expired and the applicant must reapply to obtain a license. The Commissioner may, for good cause, extend the 30-day period prescribed in this subsection.3. An application shall be deemed abandoned if the applicant fails to respond, within 30 calendar days after the date of the request or on or before a later date set by the Commissioner, to any written request by the Division for information or records required in connection with the investigation and evaluation of the qualifications and suitability for licensure of the applicant, its qualified employee or, if applicable, its control persons.Nev. Admin. Code § 645B.020
Comm'r of Savings Associations, Mortgage Reg. § 2, eff. 6-29-82-NAC A by Comm'r of Financial Institutions by R045-00, 9-5-2000; A by Comm'r of Mortgage Lending by R087-04, 8-31-2004; R058-08, 4-23-2009; R035-10, 7-22-2010; A by R125-16A, eff. 1/27/2017; A by R119-19A, eff. 11/9/2023NRS 645B.060, 645F.292, 645F.293