Authority of Commissioner to order summary suspension of license and take other action to protect public before conducting hearing.

  1. Law
  2. Nevada Revised Statutes
  3. Mortgage Companies and Mortgage Loan Originators
  4. Authority of Commissioner to order summary suspension of license and take other action to protect public before conducting hearing.

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Before conducting a hearing, the Commissioner may, to the fullest extent permitted by the Constitution of the United States and the Constitution of this State:

1. Order a summary suspension of a license pursuant to subsection 3 of NRS 233B.127; and

2. Take any other action against a licensee or other person that is necessary to protect the health, safety or welfare of the public.

(Added to NRS by 1999, 3777)


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