Nev. Rev. Stat. § 645B.955

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 645B.955 - Commissioner may require licensee to pay restitution
1. A person who engages in an activity for which a license as a mortgage company or mortgage loan originator 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.

NRS 645B.955

Added to NRS by 2009, 746; A 2011, 3624; 2017, 2850, 3080
Amended by 2017, Ch. 486,§73, eff. 1/1/2020.
Amended by 2017, Ch. 424,§25, eff. 10/1/2017.
Added to NRS by 2009, 746; A 2011, 3624