1. A title agent or title insurer shall notify the Division in writing within 10 days after any change in the name or the location of the business of the agent or insurer or any change of association by the holder of a license as an escrow officer. Upon the surrender of the existing license and payment of the required fee, the Division shall issue a new license to the agent or insurer for the unexpired term of the license.
2. An escrow officer who transfers his or her association must apply to the Division for the reissuance of his or her license. The Division shall reissue the license for the unexpired term upon application and payment of the required fee if:
(a) The transfer is into an association with a licensed title agent or title insurer; and
(b) The agent or insurer certifies that the escrow officer is employed or will be employed by the agent or insurer.
3. Failure to give notice as required by this section constitutes cause for the imposition of a fine not to exceed $500 against the licensee or the suspension or revocation of his or her license.
(Added to NRS by 1985, 1824; A 1991, 1633; 1993, 1921)
Structure Nevada Revised Statutes
Chapter 692A - Title Insurance
NRS 692A.015 - "Abstract of title" defined.
NRS 692A.021 - "Applicant" defined.
NRS 692A.022 - "Business of title insurance" and "title insurance business" defined.
NRS 692A.023 - "Commitment to insure" and "preliminary report of title" defined.
NRS 692A.024 - "Escrow" defined.
NRS 692A.028 - "Escrow officer" defined.
NRS 692A.031 - "Net retained liability" defined.
NRS 692A.035 - "Policy of title insurance" and "title policy" defined.
NRS 692A.041 - "Premium" defined.
NRS 692A.050 - "Single risk" defined.
NRS 692A.060 - "Title agent" defined.
NRS 692A.070 - "Title insurer" defined.
NRS 692A.080 - "Title plant company" defined.
NRS 692A.105 - Disciplinary action against title agent or escrow officer or refusal to license.
NRS 692A.107 - Disciplinary action against title insurer or refusal to license.
NRS 692A.109 - Period to remedy deficit or unsafe condition; receivership.
NRS 692A.117 - Confidential records.
NRS 692A.150 - Reserve against unpaid losses and loss expenses.
NRS 692A.160 - Unearned premium reserve.
NRS 692A.200 - Division of rates and charges.