{"data":{"id":"us-nv/nrs-645b.0245","jurisdiction":"us-nv","citation":"NRS 645B.0245","heading":"Grounds for denial of license: Control by relative who would be ineligible to be licensed; act or omission of partner, officer or director.","body":"1. If an applicant is a natural person, the Commissioner may refuse to issue a license to the applicant if the Commissioner has reasonable cause to believe that the applicant would be subject to control by a relative who would be ineligible to be licensed pursuant to this chapter.\n2. If an applicant is a partnership, corporation or unincorporated association, the Commissioner may refuse to issue a license to the applicant if:\n(a) 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 refusing to issue a license to a natural person; or\n(b) The Commissioner has reasonable cause to believe that any member of the partnership or any officer or director of the corporation or unincorporated association would be subject to control by a relative who would be ineligible to be licensed pursuant to this chapter.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS","MORTGAGE COMPANIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645B.html#NRS645BSec0245","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"2ecbaff7e05f3738170ddb42f99c257ba0a89c28b0528512bf0dd84da8f42b81","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645b.0243","next":"us-nv/nrs-645b.0247"},"notice":"GroundRules: Original legal text. Not legal advice."}