NRS 692A.1045 Title insurers and title agents: Fees for supervision and examination by Commissioner; standards for determining adequate supervision of title agents and escrow officers; regulations.
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NRS 692A.1045 Title insurers and title agents: Fees for supervision and examination by Commissioner; standards for determining adequate supervision of title agents and escrow officers; regulations.
1. The Commissioner shall establish by regulation the fees to be paid by title agents and title insurers for their supervision and examination by the Commissioner or a representative of the Commissioner.
2. In establishing the fees pursuant to subsection 1, the Commissioner shall consider:
(a)The complexity of the various examinations to which the fees apply;
(b)The skill required to conduct such examinations;
(c)The expenses associated with conducting such examinations and preparing reports; and
(d)Any other factors the Commissioner deems relevant.
3. The Commissioner shall, with the approval of the Commissioner of Financial Institutions, adopt regulations prescribing the standards for determining whether a title insurer or title agent has maintained adequate supervision of a title agent or escrow officer pursuant to the provisions of this chapter.