{"data":{"id":"us-nv/nrs-645b.355","jurisdiction":"us-nv","citation":"NRS 645B.355","heading":"Mortgage company prohibited from acting as construction control.","body":"A mortgage company shall not act as a construction control with respect to money belonging to a borrower or investor. If a borrower or investor wishes to utilize a construction control for money belonging to the borrower or investor, a mortgage company must place the money with a person who is independent of the mortgage company and is licensed or authorized to accept such money. The money must be subject to the control of a construction control which is in compliance with, or exempt from, the provisions of NRS 627.180 or 627.183.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS","CONDITIONS AND LIMITATIONS ON CERTAIN MORTGAGE TRANSACTIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645B.html#NRS645BSec355","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"9043a5060719df4657c1d34d122cd088838cef670586d4be047aa8bee92e1680","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645b.354","next":"us-nv/nrs-645b.356"},"notice":"GroundRules: Original legal text. Not legal advice."}