645E.700 - Disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license.
645E.700 Disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of license. The expiration or revocation of a license of a mortgage banker by operation of law or by order or decision of the Commissioner or a court of competent jurisdiction, or the voluntary surrender of a license, does not:
1. Prohibit the Commissioner from initiating or continuing an investigation of, or action or disciplinary proceeding against, the mortgage banker as authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto; or
2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter or the regulations adopted pursuant thereto against the mortgage banker.
(Added to NRS by 2009, 1556)
NRS 645E.710 Act or omission of partner, officer or director deemed act or omission of partnership, corporation or unincorporated association. If a person is a partnership, corporation or unincorporated association, the Commissioner may take any disciplinary action set forth in this chapter against the person if any member of the partnership or any officer or director of the corporation or unincorporated association has committed any act or omission that would be cause for taking such disciplinary action against a natural person.
(Added to NRS by 1999, 3759)