Nev. Rev. Stat. § 645B.740

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 645B.740 - Investigations, actions, disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license

The expiration or revocation of a license of a mortgage company or mortgage loan originator by operation of law or by order or decision of the Commissioner or a court of competent jurisdiction, or the voluntary surrender of a license, does not:

1. Prohibit the Commissioner from initiating or continuing an investigation of, or action or disciplinary proceeding against, the mortgage company or mortgage loan originator as authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto; or
2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto against the mortgage company or mortgage loan originator.

NRS 645B.740

Added to NRS by 2009, 1553; A 2017, 3079
Amended by 2017, Ch. 486,§69, eff. 1/1/2020.
Added to NRS by 2009, 1553