645B.035  Activities authorized by license; dual licensure as mortgage banker and mortgage broker.

1.  A license as a mortgage broker entitles a licensee to engage only in the activities authorized by this chapter.

2.  The provisions of this chapter do not prohibit a licensee from:

(a) Holding a license as a mortgage banker pursuant to chapter 645E of NRS; or

(b) Conducting the business of a mortgage banker and the business of a mortgage broker in the same office or place of business.

(Added to NRS by 1999, 3770; A 2003, 3548)