{"data":{"id":"us-nv/nrs-645b.01325","jurisdiction":"us-nv","citation":"NRS 645B.01325","heading":"“Residential mortgage loan originator” defined.","body":"“Residential mortgage loan originator” means a natural person who takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan for compensation or other pecuniary gain. The term does not include:\n1. A loan processor, underwriter or other natural person who performs clerical or ministerial tasks as an employee at the direction of and subject to the supervision and instruction of a person licensed or exempt from licensing under this chapter, unless the person who performs such clerical or ministerial tasks is an independent contractor; or\n2. A person solely involved in extensions of credit relating to timeshare plans, as that term is defined in 11 U.S.C. § 101(53D).","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645B.html#NRS645BSec01325","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"edc72d795ae1184c8ef453d95f2646b53d7c37bc0b21a202e6b11d92658f5452","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645b.0132","next":"us-nv/nrs-645b.0133"},"notice":"GroundRules: Original legal text. Not legal advice."}