Mortgage company who is not natural person to designate natural person as qualified employee; regulations.

NRS 645B.021, under MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS.

NRS 645B.021

NRS 645B.021 Mortgage company who is not natural person to designate natural person as qualified employee; regulations. 1. If a mortgage company is not a natural person, the mortgage company must designate a natural person as a qualified employee to act on behalf of the mortgage company. 2. The Division shall adopt regulations regarding a qualified employee, including, without limitation, regulations that establish: (a) A definition for the term “qualified employee”; (b) Any duties of a qualified employee; and (c) Any requirements regarding a qualified employee. (Added to NRS by 2007, 950; A 2017, 3041)