Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE54 PROFESSIONS, OCCUPATIONS AND BUSINESSES |
CHAPTER645A. Escrow Agencies and Agents |
GENERAL PROVISIONS |
NRS 645A.010. Definitions. |
NRS 645A.015. Applicability. |
LICENSES |
NRS 645A.020. Application: Requirements; issuance; restriction. |
NRS 645A.021. Application: Educational prerequisites; regulations. |
NRS 645A.032. Contents of license; escrow agent may associate with only one escrow agency at one time. |
NRS 645A.034. Delivery and possession of license of escrow agent; display of licenses. |
NRS 645A.036. Specification of place of business required for escrow agency; designation in license; effect. |
NRS 645A.037. Prohibition on administering escrows in same location as or in conjunction with other businesses; exceptions. |
NRS 645A.038. License not transferable. |
NRS 645A.039. Continuing education: Standards; regulations. |
NRS 645A.040. Expiration; renewal; fees; deposit of money received. |
SURETY BONDS |
NRS 645A.041. Duty of escrow agency to deposit surety bond with Commissioner; escrow agents must be named as principals on bond; form and amount of bond; exceptions. |
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. |
NRS 645A.043. Cancellation of bond: Notices required; revocation of license unless equivalent bond or substitute form of security furnished. |
NRS 645A.047. Action on bond: Procedure; limitation of time; duties of Commissioner; preliminary payment by surety; action for interpleader; payment. |
SUPERVISION; DISCIPLINARY ACTION |
NRS 645A.050. Duties of Commissioner. |
NRS 645A.060. Powers of Commissioner: Subpoenas, oaths and examination of witnesses; penalty. |
NRS 645A.065. Fees for supervision, investigation and examination of persons; standards for supervision of escrow agents. |
NRS 645A.067. Payment of assessment and cooperation in audits and examinations. |
NRS 645A.070. Records of transactions in escrow: Maintenance; filing. |
NRS 645A.080. Records of Commissioner: General provisions governing public inspection and confidentiality. |
NRS 645A.082. Records of Commissioner: Certain records relating to investigation deemed confidential; certain records relating to disciplinary action deemed public records. |
NRS 645A.085. Change in ownership of voting stock of escrow agency. |
NRS 645A.086. Duty of Commissioner to take disciplinary action for certain violations. |
NRS 645A.090. Grounds for refusal to issue license or for disciplinary action; orders imposing discipline deemed public records. |
NRS 645A.097. Disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license. |
NRS 645A.100. Notice of refusal to issue license or of disciplinary action; hearing; limitation on time to apply for hearing. |
NRS 645A.110. Investigation by Commissioner; powers of Commissioner; injunctive relief; enforcement of subpoenas. |
NRS 645A.130. Procedures following decision on appeal. |
NRS 645A.140. Powers of Commissioner when agency’s affairs in unsafe condition. |
NRS 645A.150. Receivership. |
MONEY DEPOSITED IN ESCROW |
General Provisions |
NRS 645A.160. Money deposited in escrow must be deposited in escrow or trust account. |
NRS 645A.170. Limitations on execution or attachment of money deposited in escrow; commingling prohibited. |
NRS 645A.171. Limitations on disbursements of money deposited in escrow account. |
Escrows for the Sale of Real Property |
NRS 645A.173. Duty to record certain information concerning real estate brokers and salespersons, mortgage brokers and mortgage bankers. |
NRS 645A.175. Duty to execute documents necessary to release money deposited in escrow; exception for good faith disputes; recovery of damages for failure to execute; award of attorney’s fees. |
NRS 645A.177. Action to recover money deposited in escrow; discharge from further responsibility for holder of escrow; right of holder to bring action for interpleader. |
MISCELLANEOUS PROVISIONS |
NRS 645A.193. Attorney General to represent Division. |
NRS 645A.195. Escrow agency that is not natural person to designate natural person as qualified employee. |
NRS 645A.196. Termination of employment of escrow agent: Duties of escrow agency; prohibited actions. |
NRS 645A.199. Proof of licensure required in action for collection of compensation. |
NRS 645A.200. Statutory and common-law rights unaffected. |
NRS 645A.201. Exercise of jurisdiction over party to civil action; service of summons to confer jurisdiction. |
UNLAWFUL ACTS; PENALTIES; REMEDIES |
NRS 645A.210. Unlawful to engage in escrow business without license. |
NRS 645A.220. Transactions by foreign corporations. |
NRS 645A.221. Contracts for escrow transaction voidable for certain violations; administrative fines. |
NRS 645A.222. Civil action authorized for certain violations. |
NRS 645A.224. Employee of Division prohibited from interest in escrow agency. |
NRS 645A.225. Charge for statement of interest payments prohibited. |
NRS 645A.230. Penalties for violations. |
NRS 645A.235. Restitution. |