1. If a mortgage broker is not a natural person, the mortgage broker must designate a natural person as a qualified employee to act on behalf of the mortgage broker.
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)