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NRS 645F.540

Duty to submit certain documents, fees, fines and costs through Registry; deposit of fees and costs

(Added to NRS by 2015, 2807)

1. Except as otherwise provided in NRS 645F.267 and 645F.293, the Commissioner shall require a person to submit to the Commissioner through the Registry:

(a) An application for the initial issuance or the renewal of a license as a mortgage servicer, including any fees related to the issuance or renewal of a license.

(b) Any form or filing that a mortgage servicer is otherwise required to submit to the Commissioner.

(c) Any administrative fine assessed against the person pursuant to the regulations adopted pursuant to NRS 645F.520.

(d) Any costs associated with the submittal of any document, information, fee or fine through the Registry.

2. Any fees and costs received pursuant to subsection 1 are nonrefundable.

3. Except as otherwise provided in this chapter, all fees and costs received pursuant to NRS 645F.500 to 645F.540, inclusive, are in addition to any fee or cost required to be paid to the Registry and must be deposited in the Account for Mortgage Lending created by NRS 645F.270.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.