Unlawful for foreign corporation, association or business trust to conduct business of mortgage company without meeting certain requirements. [Effective January 1, 2020.]
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Law
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Nevada Revised Statutes
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Mortgage Companies and Mortgage Loan Originators
- Unlawful for foreign corporation, association or business trust to conduct business of mortgage company without meeting certain requirements. [Effective January 1, 2020.]
It is unlawful for any foreign corporation, association or business trust to conduct any business as a mortgage company within this State, unless it:
1. Qualifies under chapter 80 of NRS; and
2. Complies with the provisions of this chapter or, if it claims an exemption from the provisions of this chapter, complies with the requirements for that exemption.
(Added to NRS by 1973, 1542; A 1999, 3801; 2017, 3080, effective January 1, 2020)
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