reglab/housing_qa huggingface dataset:
NV Rev Stat § 645A.034 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.034 - Delivery and possession of license of escrow agent; display of licenses.

  1. The license of each escrow agent must be delivered or mailed to the escrow agency with whom the licensee is associated and kept in the custody and control of the escrow agency.  2. The license of each escrow agency and of each escrow agent associated with that agency must be displayed conspicuously in the agency’s place of business. If an escrow agency maintains more than one place of business within the State, an additional license must be issued to each branch office so maintained, and the additional license must be displayed conspicuously in each branch office.  (Added to NRS by 1985, 1807)
NV Rev Stat § 645A.036 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.036 - Place of business: Maintenance by escrow agency; specification in application; designation on license; effect.

  1. Every escrow agency shall maintain a definite place of business, which must be a room or rooms used for the transaction of escrows, or such business and any allied businesses, and which must serve as the office for the transaction of business pursuant to the authority granted in the license.  2. The place of business must be specified in the application for the license and so designated on the license.  3. A license does not authorize the licensee to transact business from any office other than that designated in the license.  (Added to NRS by 1985, 1807; A 2015, 2794)
NV Rev Stat § 645A.038 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.038 - License not transferable.

A license issued pursuant to the provisions of this chapter does not give authority to perform any act specified in this chapter to any person other than the person to whom the license is issued, or from any place of business other than that specified therein.  (Added to NRS by 1985, 1807)
NV Rev Stat § 645A.039 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.039 - Continuing education: Standards; regulations.

  1. The Commissioner shall adopt regulations that prescribe standards for the continuing education of persons licensed pursuant to this chapter.  2. The standards adopted pursuant to subsection 1 must:  (a) Permit alternative subject material appropriate for specialized areas of practice and alternative sources of programs to ensure availability throughout the State and throughout the year;  (b) Set forth procedures pursuant to which the Commissioner may qualify providers to offer courses of continuing education, including, without limitation, generally accredited educational institutions, private vocational schools, educational programs and seminars of professional societies and organizations and other organized educational programs on technical subjects;  (c) Set forth procedures pursuant to which the Commissioner may qualify those continuing education courses that the Commissioner determines address the appropriate subject matter; and  (d) Set forth required hours of instruction and such other criteria as the Commissioner considers necessary.  3. Subject to the provisions of this section, the Commissioner has exclusive authority to determine which providers and courses may qualify for the purposes of continuing education under this chapter.  (Added to NRS by 2009, 1552)
NV Rev Stat § 645A.040 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.040 - Expiration; renewal; fees; deposit of money received.

  1. Every license issued pursuant to the provisions of this chapter expires on July 1 of each year if it is not renewed. A license may be renewed by filing an application for renewal, paying the annual fee for the succeeding year and submitting all information required to complete the renewal.  2. The fees for the issuance or renewal of a license for an escrow agency are:  (a) For filing an application for an initial license, $500 for the principal office and $100 for each branch office.  (b) If the license is approved for issuance, $200 for the principal office and $100 for each branch office. The fee must be paid before issuance of the license.  (c) For filing an application for renewal, $200 for the principal office and $100 for each branch office.  3. The fees for the issuance or renewal of a license for an escrow agent are:  (a) For filing an application for an initial license or for the renewal of a license, $100.  (b) If a license is approved for issuance or renewal, $25. The fee must be paid before the issuance or renewal of the license.  4. If a licensee fails to pay the fee or submit all required information for the annual renewal of his or her license before its expiration, the license may be renewed only upon the payment of a fee one and one-half times the amount otherwise required for renewal. A license may be renewed pursuant to this subsection only if all the fees are paid and all required information is submitted within 2 months after the date on which the license expired.  5. In addition to the other fees set forth in this section, each applicant or licensee shall pay:  (a) For filing an application for a duplicate copy of any license, upon satisfactory showing of its loss, $10.   (b) For filing any change of information contained in the application, $10.  (c) For each change of association with an escrow agency, $25.  6. Except as otherwise provided in this chapter, all fees received pursuant to this chapter must be deposited in the Account for Mortgage Lending created by NRS 645F.270.  (Added to NRS by 1973, 1307; A 1985, 1811; 1993, 504; 1995, 1005; 1997, 2170; 2003, 3228, 3540; 2003, 20th Special Session, 265; 2005, 2781, 2807, 2817; 2011, 3597)
NV Rev Stat § 645A.0405 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.0405 - Authority of Commissioner to require submission of certain documents, fees and fines through Registry; deposit of fees, assessments and penalties.

  1. The Commissioner may require that any application, fee, fine, form or filing required pursuant to this chapter be submitted to the Commissioner through the Registry and that the applicant or licensee pay any costs associated with the use of the Registry.  2. All fees, assessments or penalties received by the Commissioner pursuant to this chapter are in addition to any costs or fees that may be required by the Registry and are nonrefundable. All fees, assessments and penalties received by the Commissioner pursuant to this chapter must be deposited in the Account for Mortgage Lending created by NRS 645F.270.  (Added to NRS by 2015, 2790)
NV Rev Stat § 645A.042 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 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.

  1. As a substitute for the surety bond required by NRS 645A.041, an escrow agency may, in accordance with the provisions of this section, deposit with any bank or trust company authorized to do business in this state, in a form approved by the Commissioner:  (a) An obligation of a bank, savings and loan association, savings bank, thrift company or credit union licensed to do business in this state;  (b) Bills, bonds, notes, debentures or other obligations of the United States or any agency or instrumentality thereof, or guaranteed by the United States; or  (c) Any obligation of this state or any city, county, town, township, school district or other instrumentality of this state, or guaranteed by this state.  2. The obligations of a bank, savings and loan association, savings bank, thrift company or credit union must be held to secure the same obligation as would the surety bond. With the approval of the Commissioner, the depositor may substitute other suitable obligations for those deposited which must be assigned to the State of Nevada and are negotiable only upon approval by the Commissioner.  3. Any interest or dividends earned on the deposit accrue to the account of the depositor.  4. The deposit must be in an amount at least equal to the required surety bond and must state that the amount may not be withdrawn except by direct and sole order of the Commissioner. The value of any item deposited pursuant to this section must be based upon principal amount or market value, whichever is lower.  (Added to NRS by 1995, 1002; A 1999, 3764)
NV Rev Stat § 645A.043 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.043 - Cancellation of bond: Notices required; revocation of license unless equivalent bond or substitute form of security furnished.

  1. The surety may cancel a bond upon giving 60 days’ notice to the Commissioner by certified mail. Upon receipt by the Commissioner of such a notice, the Commissioner immediately shall notify the licensee who is the principal on the bond of the effective date of cancellation of the bond, and that his or her license will be revoked unless the licensee furnishes an equivalent bond or a substitute form of security authorized by NRS 645A.042 before the effective date of the cancellation. The notice must be sent to the licensee by certified mail to his or her last address of record filed in the office of the Division.  2. If the licensee does not comply with the requirements set out in the notice from the Commissioner, the license must be revoked on the date the bond is cancelled.  (Added to NRS by 1985, 1808; A 1991, 1850; 1995, 1006)
NV Rev Stat § 645A.047 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.047 - Action on bond: Procedure; limitation of time; duties of Commissioner; preliminary payment by surety; action for interpleader; payment.

  1. Any person claiming against a bond may bring an action in a court of competent jurisdiction on the bond for damages to the extent covered by the bond. A person who brings an action on a bond shall notify the Commissioner in writing upon filing the action. An action may not be commenced after the expiration of 3 years following the commission of the act on which the action is based.  2. Upon receiving a request from a person for whose benefit a bond is required, the Commissioner shall notify the person:  (a) That a bond is in effect and the amount of the bond; and  (b) If there is an action against the bond, the title, court and case number of the action and the amount sought by the plaintiff.  3. If a surety wishes to make payment without awaiting action by a court, the amount of the bond must be reduced to the extent of any payment made by the surety in good faith under the bond. Any payment must be based on written claims received by the surety before any action is taken by a court.  4. The surety may bring an action for interpleader against all claimants upon the bond. If it does so, it shall publish notice of the action at least once each week for 2 weeks in every issue of a newspaper of general circulation in the county where the escrow agent or agency has its principal place of business. The surety may deduct its costs of the action, including attorney’s fees and publication, from its liability under the bond.  5. Claims against a bond have equal priority, and if the bond is insufficient to pay all claims in full, they must be paid on a pro rata basis. Partial payment of claims is not full payment, and any claimant may bring an action against the escrow agent or agency for the unpaid balance.  (Added to NRS by 1985, 1809; A 1991, 1850)
NV Rev Stat § 645A.050 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.050 - Duties of Commissioner.

  1. Subject to the administrative control of the Director of the Department of Business and Industry, the Commissioner shall exercise general supervision and control over escrow agents and agencies doing business in the State of Nevada.  2. In addition to the other duties imposed upon him or her by law, the Commissioner shall:  (a) Adopt such regulations as may be necessary for making this chapter effective.  (b) Conduct or cause to be conducted each year an examination of each escrow agency licensed pursuant to this chapter.  (c) Conduct such investigations as may be necessary to determine whether any person has violated any provision of this chapter.  (d) Conduct such examinations, investigations and hearings, in addition to those specifically provided for by law, as may be necessary and proper for the efficient administration of the laws of this State relating to escrow.  (e) Classify as confidential the financial statements of an escrow agency and those records and information obtained by the Division which:  (1) Are obtained from a governmental agency upon the express condition that they remain confidential.  (2) Except as otherwise provided in NRS 645A.082, consist of information compiled by the Division in the investigation of possible violations of this chapter.  This paragraph does not limit examination by the Legislative Auditor or any other person pursuant to a court order.  3. An escrow agency may engage a certified public accountant to perform such an examination in lieu of the Division. In such a case, the examination must be equivalent to the type of examination made by the Division and the expense must be borne by the escrow agency being examined.  4. The Commissioner shall determine whether an examination performed by an accountant pursuant to subsection 3 is equivalent to an examination conducted by the Division. The Commissioner may examine any area of the operation of an escrow agency if the Commissioner determines that the examination of that area is not equivalent to an examination conducted by the Division.  (Added to NRS by 1973, 1308; A 1985, 1812; 1991, 1850; 1993, 1892; 2003, 3466)
NV Rev Stat § 645A.060 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.060 - Powers of Commissioner: Subpoenas, oaths and examination of witnesses; penalty.

  1. In the conduct of any examination, investigation or hearing, the Commissioner may:  (a) Compel the attendance of any person by subpoena.  (b) Compel the production of any document by subpoena.  (c) Administer oaths.  (d) Examine any person under oath concerning the business and conduct of affairs of any person subject to the provisions of this chapter, and in connection therewith require the production of any books, records or papers relevant to the inquiry.  2. Every person subpoenaed pursuant to the provisions of this section who willfully refuses or willfully neglects to appear at the time and place named in the subpoena or to produce books, records or papers required by the Commissioner, or who refuses to be sworn or answer as a witness, is guilty of a misdemeanor.  (Added to NRS by 1973, 1308; A 1991, 1851; 2009, 1553)
NV Rev Stat § 645A.065 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.065 - Fees for supervision, investigation and examination of persons; standards for supervision of escrow agents; regulations.

  1. The Commissioner shall establish by regulation the fees to be paid by all persons subject to the provisions of this chapter for the supervision, investigation and examination of such persons by the Commissioner or the Division.  2. In establishing the fees, the Commissioner shall consider:  (a) The complexity of the various investigations and examinations to which the fees apply;  (b) The skill required to conduct such investigations and examinations;  (c) The expenses associated with conducting such investigations and examinations and preparing reports; and  (d) Any other factors the Commissioner deems relevant.  3. The Commissioner shall adopt regulations prescribing the standards for determining whether an escrow agency has maintained adequate supervision of an escrow agent pursuant to the provisions of this chapter.  (Added to NRS by 1991, 1847; A 2011, 3600)
NV Rev Stat § 645A.067 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.067 - Payment of assessment and cooperation in audits and examinations.

Each escrow agency shall pay the assessment levied by the Commissioner and cooperate fully with the audits and examinations performed pursuant to NRS 645F.180.  (Added to NRS by 1993, 503; A 2003, 3542)
NV Rev Stat § 645A.070 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.070 - Records of transactions in escrow: Maintenance; filing.

  1. All escrow agents and agencies shall maintain, for a period of not less than 6 years, complete and suitable records of all escrow transactions made by them. A record of a transaction must be maintained in the county in which the property to which it relates is located if the agent or agency maintains a place of business in that county. If a place of business is not maintained in that county, the record must be maintained in the agent’s or agency’s principal place of business.  2. Every escrow agent and agency shall, at the times required by the Commissioner, file in the Office of the Commissioner a correct statement, in the form and containing the data the Commissioner may require, of the business of the agent or agency.  (Added to NRS by 1973, 1307; A 1985, 1813; 1989, 584; 1991, 1851; 1993, 505)
NV Rev Stat § 645A.080 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.080 - Records of Commissioner: General provisions governing public inspection and confidentiality.

Except as otherwise provided by law, all papers, documents, reports and other written instruments filed with the Commissioner pursuant to this chapter are open to public inspection, except that the Commissioner may withhold from public inspection for such time as the Commissioner considers necessary any information which in his or her judgment the public welfare or the welfare of any escrow agent or agency requires to be so withheld.  (Added to NRS by 1973, 1312; A 1985, 1813; 1991, 1852)
NV Rev Stat § 645A.082 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.082 - Records of Commissioner: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

  1. Except as otherwise provided in this section and NRS 239.0115, a complaint filed with the Commissioner, all documents and other information filed with the complaint and all documents and other information compiled as a result of the investigation conducted to determine whether to initiate disciplinary action are confidential.  2. The complaint or other document filed by the Commissioner to initiate disciplinary action and all documents and information considered by the Commissioner when determining whether to impose discipline are public records.  (Added to NRS by 2003, 3466; A 2007, 2147)
NV Rev Stat § 645A.085 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.085 - Change in ownership of voting stock of escrow agency.

  1. An escrow agency shall immediately notify the Commissioner of any change in the ownership of 5 percent or more of its outstanding voting stock.  2. An application must be submitted to the Commissioner, pursuant to NRS 645A.020, by a person who acquires:  (a) At least 25 percent of the outstanding voting stock of an escrow agency; or  (b) Any outstanding voting stock of an escrow agency if the change will result in a change in the control of the escrow agency.  3. Except as otherwise provided in subsection 5, the Commissioner shall conduct an investigation to determine whether the applicant has the experience, character, financial condition, business reputation and general fitness to command the confidence of the public and to warrant the belief that the business conducted will protect and safeguard the public. If the Commissioner denies the application, the Commissioner may forbid the applicant from participating in the business of the escrow agency.  4. The escrow agency with which the applicant is affiliated shall pay the cost of the investigation as the Commissioner requires. All money received by the Commissioner pursuant to this section must be deposited in the Account for Mortgage Lending created by NRS 645F.270.  5. An escrow agency may submit a written request to the Commissioner to waive an investigation pursuant to subsection 3. The Commissioner may grant a waiver if the applicant has undergone a similar investigation by a state or federal agency in connection with the licensing of or his or her employment with a financial institution.  (Added to NRS by 1993, 502; A 2003, 3542; 2011, 3600)
NV Rev Stat § 645A.086 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 645A.086 - Duty of Commissioner to take disciplinary action for certain violations.

If a person offers or provides any of the services of an escrow agent or escrow agency or otherwise engages in, carries on or holds himself or herself out as engaging in or carrying on the business of an escrow agent or escrow agency and, at the time:  1. The person was required to have a license pursuant to this chapter and the person did not have such a license; or  2. 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 $25,000 for each violation and, if the person has a license, the Commissioner may suspend or revoke it.  (Added to NRS by 2011, 3595)
NV Rev Stat § 645A.095 (2021)
2021 Nevada Revised Statutes|Chapter 645A - Escrow Agencies and Agents|NRS 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.]

  1. If the Commissioner receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license as an escrow agent or escrow agency, the Commissioner shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Commissioner receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  2. The Commissioner shall reinstate a license as an escrow agent or escrow agency that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  (Added to NRS by 1997, 2168; A 2005, 2807)