reglab/housing_qa huggingface dataset:
NV Rev Stat § 645B.690 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.690 - Duty of Commissioner to take disciplinary action for certain violations. [Effective through December 31, 2019.]

  1. If a person offers or provides any of the services of a mortgage broker or mortgage agent or otherwise engages in, carries on or holds himself or herself out as engaging in or carrying on the business of a mortgage broker or mortgage agent and, at the time:  (a) The person was required to have a license pursuant to this chapter and the person did not have such a license;  (b) The person was required to be registered with the Registry and the person was not so registered; or  (c) The person’s license was suspended or revoked pursuant to this chapter,  the Commissioner shall impose upon the person an administrative fine of not more than $50,000 for each violation and, if the person has a license, the Commissioner may suspend or revoke it.  2. If a mortgage broker violates any provision of subsection 1 of NRS 645B.080 and the mortgage broker fails, without reasonable cause, to remedy the violation within 20 business days after being ordered by the Commissioner to do so or within such later time as prescribed by the Commissioner, or if the Commissioner orders a mortgage broker to provide information, make a report or permit an examination of his or her books or affairs pursuant to this chapter and the mortgage broker fails, without reasonable cause, to comply with the order within 20 business days or within such later time as prescribed by the Commissioner, the Commissioner shall:  (a) Impose upon the mortgage broker an administrative fine of not more than $25,000 for each violation;  (b) Suspend or revoke the license of the mortgage broker; and  (c) Conduct a hearing to determine whether the mortgage broker is conducting business in an unsafe and injurious manner that may result in danger to the public and whether it is necessary for the Commissioner to take possession of the property of the mortgage broker pursuant to NRS 645B.630.  3. If a mortgage broker:  (a) Makes or offers for sale in this State any investments in promissory notes secured by liens on real property; and  (b) Receives the lowest possible rating on two consecutive periodic standard examinations pursuant to NRS 645B.060,  the Commissioner shall suspend or revoke the license of the mortgage broker.  (Added to NRS by 1999, 3776; A 2003, 3557; 2009, 747, 1451, 1556; 2011, 3624; 2017, 3597)
NV Rev Stat § 645B.690 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.690 - Duty of Commissioner to take disciplinary action for certain violations. [Effective January 1, 2020.]

  1. If a person offers or provides any of the services of a mortgage company or mortgage loan originator or otherwise engages in, carries on or holds himself or herself out as engaging in or carrying on the business of a mortgage company or mortgage loan originator and, at the time:  (a) The person was required to have a license pursuant to this chapter and the person did not have such a license;  (b) The person was required to be registered with the Registry and the person was not so registered; or  (c) The person’s license was suspended or revoked pursuant to this chapter,  the Commissioner may impose upon the person an administrative fine of not more than $50,000 for each violation and, if the person has a license, the Commissioner may suspend or revoke it.  2. If a mortgage company violates any provision of subsection 1 of NRS 645B.080 and the mortgage company fails, without reasonable cause, to remedy the violation within 20 business days after being ordered by the Commissioner to do so or within such later time as prescribed by the Commissioner, or if the Commissioner orders a mortgage company to provide information, make a report or permit an examination of his or her books or affairs pursuant to this chapter and the mortgage company fails, without reasonable cause, to comply with the order within 20 business days or within such later time as prescribed by the Commissioner, the Commissioner may:  (a) Impose upon the mortgage company an administrative fine of not more than $25,000 for each violation;  (b) Suspend or revoke the license of the mortgage company; and  (c) Conduct a hearing to determine whether the mortgage company is conducting business in an unsafe and injurious manner that may result in danger to the public and whether it is necessary for the Commissioner to take possession of the property of the mortgage company pursuant to NRS 645B.630.  3. If a mortgage company:  (a) Makes or offers for sale in this State any investments in promissory notes secured by liens on real property; and  (b) Receives the lowest possible rating on two consecutive periodic standard examinations pursuant to NRS 645B.060,  the Commissioner may suspend or revoke the license of the mortgage company.  (Added to NRS by 1999, 3776; A 2003, 3557; 2009, 747, 1451, 1556; 2011, 3624; 2017, 3078, 3597, effective January 1, 2020)
NV Rev Stat § 645B.700 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.700 - Categorization of major and minor violations; regulations.

  1. Except as otherwise provided in subsection 2, for each violation that may be committed by a person pursuant to this chapter or the regulations adopted pursuant to this chapter, the Commissioner may adopt regulations:  (a) Categorizing the violation as a major violation or a minor violation; and  (b) Specifying the disciplinary action that will be taken by the Commissioner pursuant to this chapter against a person who commits:  (1) A major violation. The disciplinary action taken by the Commissioner for a major violation may include, without limitation, suspension or revocation of the person’s license.  (2) More than two minor violations. The Commissioner may establish graduated sanctions for a person who commits more than two minor violations based upon the number, the frequency and the severity of the minor violations and whether the person previously has committed any major violations.  2. The provisions of this section do not apply to a violation for which the Commissioner is required to take disciplinary action in accordance with NRS 645B.690.  (Added to NRS by 1999, 3777; A 2001, 2476)
NV Rev Stat § 645B.710 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.710 - Act or omission of partner, officer or director deemed act or omission of partnership, corporation or unincorporated association. [Effective through December 31, 2019.]

If a person is a partnership, corporation or unincorporated association, the Commissioner shall take any disciplinary action required pursuant to NRS 645B.690 and may take any other disciplinary action set forth in this chapter against the person if any member of the partnership or any officer or director of the corporation or unincorporated association has committed any act or omission that would be cause for taking such disciplinary action against a natural person.  (Added to NRS by 1999, 3777)
NV Rev Stat § 645B.710 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.710 - Act or omission of partner, officer or director deemed act or omission of partnership, corporation or unincorporated association. [Effective January 1, 2020.]

If a person is a partnership, corporation or unincorporated association, the Commissioner may take any disciplinary action required pursuant to NRS 645B.690 and may take any other disciplinary action set forth in this chapter against the person if any member of the partnership or any officer or director of the corporation or unincorporated association has committed any act or omission that would be cause for taking such disciplinary action against a natural person.  (Added to NRS by 1999, 3777; A 2017, 3079, effective January 1, 2020)
NV Rev Stat § 645B.720 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.720 - Authority of Commissioner to order summary suspension of license and take other action to protect public before conducting hearing.

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)
NV Rev Stat § 645B.740 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.740 - Investigations, actions, disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license. [Effective through December 31, 2019.]

The expiration or revocation of a license of a mortgage broker or mortgage agent by operation of law or by order or decision of the Commissioner or a court of competent jurisdiction, or the voluntary surrender of a license, does not:  1. Prohibit the Commissioner from initiating or continuing an investigation of, or action or disciplinary proceeding against, the mortgage broker or mortgage agent as authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto; or  2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto against the mortgage broker or mortgage agent.  (Added to NRS by 2009, 1553)
NV Rev Stat § 645B.740 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.740 - Investigations, actions, disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license. [Effective January 1, 2020.]

The expiration or revocation of a license of a mortgage company or mortgage loan originator by operation of law or by order or decision of the Commissioner or a court of competent jurisdiction, or the voluntary surrender of a license, does not:  1. Prohibit the Commissioner from initiating or continuing an investigation of, or action or disciplinary proceeding against, the mortgage company or mortgage loan originator as authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto; or  2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto against the mortgage company or mortgage loan originator.  (Added to NRS by 2009, 1553; A 2017, 3079, effective January 1, 2020)
NV Rev Stat § 645B.750 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.750 - Duty of Commissioner to provide written notice of disciplinary action or denial of license; right to administrative hearing; entry of final order; appeals.

  1. If the Commissioner enters an order taking any disciplinary action against a person or denying a person’s application for a license, the Commissioner shall cause a written notice of the order to be served personally or sent by certified mail or telegram to the person.  2. Unless a hearing has already been conducted concerning the matter, the person, upon application, is entitled to a hearing. If the person does not make such an application within 20 days after the date of the initial order, the Commissioner shall enter a final order concerning the matter.  3. A person may appeal a final order of the Commissioner in accordance with the provisions of chapter 233B of NRS that apply to a contested case.  (Added to NRS by 1973, 1539; A 1983, 1705; 1987, 1881; 1999, 3789; 2003, 984)
NV Rev Stat § 645B.760 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.760 - Effect of failure to appear at hearing; penalty.

If a person is alleged to have engaged in any conduct or committed any violation that is described in NRS 645B.620, 645B.630 or 645B.670 or is alleged to have committed a violation of any other provision of this chapter, a regulation adopted pursuant to this chapter or an order of the Commissioner, and the person fails to appear, without reasonable cause, at a hearing before the Commissioner concerning the alleged conduct or violation:  1. The Commissioner shall notify the Attorney General that the person failed to appear;  2. The person is guilty of a misdemeanor and shall be punished as provided in NRS 645B.950; and  3. The Commissioner may conduct the hearing in the person’s absence, draw any conclusions that the Commissioner deems appropriate from the person’s failure to appear and render a decision concerning the alleged conduct or violation.  (Added to NRS by 1999, 3777)
NV Rev Stat § 645B.800 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.800 - Attorney General has primary criminal jurisdiction; duty to provide Attorney General with information to assist prosecution; penalty.

  1. The Attorney General has primary jurisdiction for the enforcement of this chapter. The Attorney General shall, if appropriate, investigate and prosecute a person who violates:  (a) Any provision of this chapter, a regulation adopted pursuant to this chapter or an order of the Commissioner, including, without limitation, a violation of any provision of NRS 645B.620 or 645B.670; or  (b) Any other law or regulation if the violation is committed by the person in the course of committing a violation described in paragraph (a).  2. The Attorney General shall, if appropriate, investigate and prosecute a person who is alleged to have committed a violation described in subsection 1 whether or not:  (a) The Commissioner notifies the Attorney General of the alleged violation;  (b) The Commissioner takes any disciplinary action against the person alleged to have committed the violation;  (c) Any other person files a complaint against the person alleged to have committed the violation; or  (d) A civil action is commenced against the person alleged to have committed the violation.  3. When acting pursuant to this section, the Attorney General may commence an investigation and file a criminal action without leave of court, and the Attorney General has exclusive charge of the conduct of the prosecution.  4. Except as otherwise provided by the Constitution of the United States, the Constitution of this State or a specific statute, a person shall, if requested, provide the Attorney General with information that would assist in the prosecution of any other person who is alleged to have committed a violation described in subsection 1. If a person fails, without reasonable cause, to provide the Attorney General with such information upon request, the person is guilty of a misdemeanor and shall be punished as provided in NRS 645B.950.  (Added to NRS by 1999, 3778)
NV Rev Stat § 645B.810 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.810 - Attorney General may bring civil action; recovery of costs in civil action.

  1. The Attorney General may bring any appropriate civil action against a person to enforce any provision of this chapter, a regulation adopted pursuant to this chapter or an order of the Commissioner, including, without limitation, an order of the Commissioner:  (a) Imposing an administrative fine; or  (b) Suspending, revoking or placing conditions upon a license.  2. If the Attorney General prevails in any civil action brought pursuant to this chapter, the court shall order the person against whom the civil action was brought to pay:  (a) Court costs; and  (b) Reasonable costs of the investigation and prosecution of the civil action.  3. Whether or not the Attorney General brings a civil action against a person pursuant to this chapter, the Attorney General may prosecute the person for a criminal violation pursuant to this chapter.  (Added to NRS by 1999, 3778)
NV Rev Stat § 645B.820 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.820 - Exercise of jurisdiction over party to civil action; service of summons to confer jurisdiction.

  1. A court of this State may exercise jurisdiction over a party to a civil action arising under the provisions of this chapter on any basis not inconsistent with the Constitution of the State of Nevada or the Constitution of the United States.  2. Personal service of summons upon a party outside this State is sufficient to confer upon a court of this State jurisdiction over the party so served if the service is made by delivering a copy of the summons, together with a copy of the complaint, to the party served in the manner provided by statute or rule of court for service upon a person of like kind within this State.  3. In all cases of such service, the defendant has 40 days, exclusive of the day of service, within which to answer or plead.  4. This section provides an additional manner of serving process and does not invalidate any other service.  (Added to NRS by 2009, 746)
NV Rev Stat § 645B.900 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.900 - Unlawful to conduct business of mortgage broker or mortgage agent without being licensed or exempt from licensing. [Effective through December 31, 2019.]

It is unlawful for any person to offer or provide any of the services of a mortgage broker or mortgage agent or otherwise to engage in, carry on or hold himself or herself out as engaging in or carrying on the business of a mortgage broker or mortgage agent without first obtaining the applicable license issued pursuant to this chapter, unless the person:  1. Is exempt from the provisions of this chapter; and  2. Complies with the requirements for that exemption.  (Added to NRS by 1973, 1536; A 1981, 1792; 1999, 3801; 2003, 3558)
NV Rev Stat § 645B.900 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.900 - Unlawful to conduct business of mortgage company or mortgage loan originator without being licensed or exempt from licensing. [Effective January 1, 2020.]

It is unlawful for any person to offer or provide any of the services of a mortgage company or mortgage loan originator or otherwise to engage in, carry on or hold himself or herself out as engaging in or carrying on the business of a mortgage company or mortgage loan originator without first obtaining the applicable license issued pursuant to this chapter, unless the person:  1. Is exempt from the provisions of this chapter; and  2. Complies with the requirements for that exemption.  (Added to NRS by 1973, 1536; A 1981, 1792; 1999, 3801; 2003, 3558; 2017, 3080, effective January 1, 2020)
NV Rev Stat § 645B.910 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.910 - Unlawful for foreign corporation, association or business trust to conduct business of mortgage broker without meeting certain requirements. [Effective through December 31, 2019.]

It is unlawful for any foreign corporation, association or business trust to conduct any business as a mortgage broker 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)
NV Rev Stat § 645B.910 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.910 - 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)
NV Rev Stat § 645B.920 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.920 - Contracts for mortgage transaction voidable for certain violations.

If a person, or any general partner, director, officer, agent or employee of a person violates the provisions of NRS 645B.900 or 645B.910, any contracts entered into by that person for the mortgage transaction are voidable by the other party to the contract.  (Added to NRS by 2009, 746)
NV Rev Stat § 645B.930 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.930 - Civil action authorized for certain violations. [Effective through December 31, 2019.]

In addition to any other remedy or penalty, if a person violates the provisions of NRS 645B.900 or 645B.910, the client may bring a civil action against the person for:  1. Actual and consequential damages;  2. Punitive damages, which are subject to the provisions of NRS 42.005;  3. Reasonable attorney’s fees and costs; and  4. Any other legal or equitable relief that the court deems appropriate.  (Added to NRS by 2009, 746)
NV Rev Stat § 645B.930 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.930 - Civil action authorized for certain violations. [Effective January 1, 2020.]

In addition to any other remedy or penalty, if a person, or any general partner, director, officer, agent or employee of a person, violates the provisions of NRS 645B.900 or 645B.910, the client may bring a civil action against the person for:  1. Actual and consequential damages;  2. Punitive damages, which are subject to the provisions of NRS 42.005;  3. Reasonable attorney’s fees and costs; and  4. Any other legal or equitable relief that the court deems appropriate.  (Added to NRS by 2009, 746; A 2017, 3080, effective January 1, 2020)
NV Rev Stat § 645B.950 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.950 - Penalties for general violations.

  1. Except as otherwise provided in NRS 645B.960, a person, or any general partner, director, officer, agent or employee of a person, who violates any provision of this chapter, a regulation adopted pursuant to this chapter or an order of the Commissioner is guilty of a misdemeanor.  2. In addition to any other penalty, if a person is convicted of or enters a plea of nolo contendere to a violation described in subsection 1, the court shall order the person to pay:  (a) Court costs; and  (b) Reasonable costs of the investigation and prosecution of the violation.  (Added to NRS by 1973, 1543; A 1981, 1792; 1999, 3802)
NV Rev Stat § 645B.955 (2021)
2021 Nevada Revised Statutes|Chapter 645B - Mortgage Companies and Mortgage Loan Originators|NRS 645B.955 - Commissioner may require licensee to pay restitution. [Effective through December 31, 2019.]

  1. A person who engages in an activity for which a license as a mortgage broker or mortgage agent is required pursuant to this chapter, without regard to whether such a person is licensed pursuant to this chapter, may be required by the Commissioner to pay restitution to any person who has suffered an economic loss as a result of a violation of the provisions of this chapter or any regulation adopted pursuant thereto.  2. Notwithstanding the provision of paragraph (d) of subsection 1 of NRS 622A.120, payment of restitution pursuant to subsection 1 shall be done in a manner consistent with the provisions of chapter 622A of NRS.  (Added to NRS by 2009, 746; A 2011, 3624; 2017, 2850)