Nev. Admin. Code § 645F.989

Current through December 12, 2024
Section 645F.989 - Notice of disciplinary or other action; hearing; entry of final order
1. The Commissioner will give notice to a licensee of his or her intention to enter an order suspending or revoking a license, or notice to an applicant of a refusal to issue a license, or notice to a mortgage servicer, licensee or applicant of intention to assess an administrative fine, in writing and served personally or sent by certified mail to the mortgage servicer, licensee or applicant or by other means reasonably calculated to obtain service.
2. Within 20 days after the notice of the intention to enter an order suspending or revoking a license, a refusal to issue a license, or intention to assess an administrative fine, pursuant to subsection 1, the mortgage servicer, licensee or applicant may request a hearing to contest the order or refusal. If a hearing regarding a suspension, revocation, refusal or fine is not requested, the Commissioner will enter a final order regarding the suspension, revocation, refusal or fine. A hearing must be conducted under the provisions of chapter 233B of NRS and other applicable provisions of law.

Nev. Admin. Code § 645F.989

Added to NAC by Comm'r of Mortgage Lending by R120-15, effective upon the later of 1/1/2016 or the date this regulation is filed with the Secretary of State.

NRS 645F.255 and section 86.4 of Assembly Bill No. 480, chapter 477, Statutes of Nevada 2015, at page 2806