Escrow Agencies and Agents

  1. Law
  2. Nevada Revised Statutes
  3. Escrow Agencies and Agents

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Section
645A.010

Definitions.

Section
645A.013

Inapplicability of chapter to participant in Regulatory Experimentation Program for Product Innovation; exceptions. [Effective January 1, 2020.]

Section
645A.015

Unlawful to engage in business of administering escrows or act in capacity of escrow agent or escrow agency without license; exceptions.

Section
645A.020

Application for initial license or renewal: Requirements; issuance or renewal; continuing obligation to notify Division of material change in information in application; restriction.

Section
645A.021

Application: Educational prerequisites; regulations.

Section
645A.025

Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

Section
645A.025

Payment of child support: Submission of certain information by applicant; grounds for denial of license; duty of Commissioner. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings and expires by limitation 2 years after that date.]

Section
645A.032

Contents of license; escrow agent may associate with and be employed by only one escrow agency at same time.

Section
645A.034

Delivery and possession of license of escrow agent; display of licenses.

Section
645A.036

Place of business: Maintenance by escrow agency; specification in application; designation on license; effect.

Section
645A.038

License not transferable.

Section
645A.039

Continuing education: Standards; regulations.

Section
645A.040

Expiration; renewal; fees; deposit of money received.

Section
645A.041

Duty of escrow agency to deposit surety bond with Commissioner; escrow agents must be named as principals on bond; form and amount of bond; exceptions.

Section
645A.042

Escrow agency may deposit substitute form of security in lieu of surety bond; amount deposited must equal amount of bond; interest or dividends accrue to depositor.

Section
645A.043

Cancellation of bond: Notices required; revocation of license unless equivalent bond or substitute form of security furnished.

Section
645A.047

Action on bond: Procedure; limitation of time; duties of Commissioner; preliminary payment by surety; action for interpleader; payment.

Section
645A.050

Duties of Commissioner.

Section
645A.060

Powers of Commissioner: Subpoenas, oaths and examination of witnesses; penalty.

Section
645A.065

Fees for supervision, investigation and examination of persons; standards for supervision of escrow agents; regulations.

Section
645A.067

Payment of assessment and cooperation in audits and examinations.

Section
645A.070

Records of transactions in escrow: Maintenance; filing.

Section
645A.080

Records of Commissioner: General provisions governing public inspection and confidentiality.

Section
645A.082

Records of Commissioner: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

Section
645A.085

Change in ownership of voting stock of escrow agency.

Section
645A.086

Duty of Commissioner to take disciplinary action for certain violations.

Section
645A.090

Grounds for refusal to issue license or for disciplinary action; orders imposing discipline deemed public records.

Section
645A.095

Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

Section
645A.097

Investigation, disciplinary or other proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license.

Section
645A.0405

Authority of Commissioner to require submission of certain documents, fees and fines through Registry; deposit of fees, assessments and penalties.

Section
645A.100

Notice of refusal to issue license or of disciplinary action; hearing; limitation on time to apply for hearing.

Section
645A.110

Investigation by Commissioner; powers of Commissioner; injunctive relief; enforcement of subpoenas.

Section
645A.130

Procedures following decision on appeal.

Section
645A.140

Powers of Commissioner when agency’s affairs in unsafe condition.

Section
645A.150

Receivership.

Section
645A.160

Requirements.

Section
645A.170

Limitations on execution or attachment; commingling prohibited.

Section
645A.171

Limitations on disbursements.

Section
645A.173

Duty to record certain information concerning real estate brokers and salespersons, mortgage brokers and mortgage bankers. [Effective through December 31, 2019.]

Section
645A.173

Duty to record certain information concerning real estate brokers and salespersons and mortgage companies. [Effective January 1, 2020.]

Section
645A.175

Duty to execute documents necessary to release money deposited in escrow; exception for good faith disputes; recovery of damages for failure to execute; award of attorney’s fees.

Section
645A.177

Action to recover money deposited in escrow; discharge from further responsibility for holder of escrow; right of holder to bring action for interpleader.

Section
645A.193

Attorney General to represent Division.

Section
645A.195

Escrow agency that is not natural person to designate natural person as qualified employee.

Section
645A.196

Termination of employment of escrow agent: Duties of escrow agency; prohibited actions.

Section
645A.199

Proof of licensure required in action for collection of compensation.

Section
645A.200

Statutory and common-law rights unaffected.

Section
645A.201

Exercise of jurisdiction over party to civil action; service of summons to confer jurisdiction.

Section
645A.215

Prohibition on administering escrows in same location as or in conjunction with other businesses; exceptions. [Effective through December 31, 2019.]

Section
645A.215

Prohibition on administering escrows in same location as or in conjunction with other businesses; exceptions. [Effective January 1, 2020.]

Section
645A.220

Transactions by foreign corporations.

Section
645A.221

Contracts for escrow transaction voidable for certain violations; administrative fines.

Section
645A.222

Civil action authorized for certain violations.

Section
645A.224

Employee of Division prohibited from interest in escrow agency.

Section
645A.225

Charge for statement of interest payments prohibited.

Section
645A.230

Penalties for violations.

Section
645A.235

Restitution.

Section
645A.1955

Employment of or association with escrow agent: Duties of escrow agency; prohibited actions.