645B.955 - Commissioner may require licensee to pay restitution.
645B.955 Commissioner may require licensee to pay restitution.
1. The holder of a license as a mortgage broker or mortgage agent may be required by the Commissioner to pay restitution to any person who has suffered an economic loss as a result of a violation of the provisions of this chapter or any regulation adopted pursuant thereto.
2. Notwithstanding the provision of paragraph (m) of subsection 1 of NRS 622A.120, payment of restitution pursuant to subsection 1 shall be done in a manner consistent with the provisions of chapter 622A of NRS.
(Added to NRS by 2009, 746)