NRS 645F.290
Assessments paid by persons licensed by Commissioner or Division for legal services provided by Attorney General to Commissioner and Division.

1.

The Commissioner shall collect an assessment pursuant to this section from each person licensed by the Commissioner or the Division.

2.

The Commissioner shall determine the total amount of all assessments to be collected from the persons identified in subsection 1, but that amount must not exceed the amount necessary to recover the cost of legal services provided by the Attorney General to the Commissioner and to the Division. The total amount of all assessments collected must be reduced by any amounts collected by the Commissioner from a person for the recovery of the costs of legal services provided by the Attorney General in a specific case.

3.

The Commissioner shall collect from each person identified in subsection 1 an assessment that is based on:

(a)

An equal basis; or

(b)

Any other reasonable basis adopted by the Commissioner.

4.

The assessment required by this section is in addition to any other assessment, fee or cost required by law to be paid by a person identified in subsection 1.

5.

Money collected by the Commissioner pursuant to this section must be deposited in the Account for Mortgage Lending created by NRS 645F.270.

Source: Section 645F.290 — Assessments paid by persons licensed by Commissioner or Division for legal services provided by Attorney General to Commissioner and Division., https://www.­leg.­state.­nv.­us/NRS/NRS-645F.­html#NRS645FSec290.

645F.250
Commissioner and Division to administer chapters governing mortgage lending and related professions. 645F.255
Regulations: Generally. 645F.260
State Board of Finance to act in advisory capacity. 645F.267
Certain persons not required to register or renew with or provide reports of financial condition to Registry 645F.270
Account for Mortgage Lending: Creation 645F.275
Adoption of regulations establishing minimum net worth or surety bonding requirements for loans by residential mortgage loan originators, percentage of fees from licensing to be deposited in mortgage recovery fund and methods to make claim against fund. 645F.277
Adoption of regulations establishing guidelines and limitations for servicing or arranging certain loans. 645F.280
Adoption of regulations establishing rates paid by persons licensed by Commissioner for supervision and examination by Commissioner or Division. 645F.290
Assessments paid by persons licensed by Commissioner or Division for legal services provided by Attorney General to Commissioner and Division. 645F.291
Subpoenas 645F.292
Secure and Fair Enforcement for Mortgage Licensing Act of 2008: Adoption of regulations to comply with requirements. 645F.293
Secure and Fair Enforcement for Mortgage Licensing Act of 2008: Adoption of regulations to carry out provisions. 645F.294
Confidentiality and privilege of information and material provided to Registry: Generally 645F.295
Confidentiality and privilege of information and material provided to Registry: Commissioner authorized to enter into agreements with other entities. 645F.296
Certain residential mortgage loan originators required to obtain and maintain license as mortgage loan originator.
Last Updated

Feb. 5, 2021

§ 645F.290’s source at nv​.us