Effect of granting permit; prohibited use as inducement; provision required to be placed on permit.

NRS 692B.120, under FORMATION AND CAPITALIZATION OF DOMESTIC STOCK AND MUTUAL INSURERS; FINANCING OF INSURERS AND HOLDING COMPANIES.

NRS 692B.120

NRS 692B.120 Effect of granting permit; prohibited use as inducement; provision required to be placed on permit. 1. The granting of a solicitation permit is permissive only and shall not constitute an endorsement by the Commissioner of any person or thing related to any such insurer, corporation, syndicate, association, firm, organization or financing, or constitute evidence of the completeness or accuracy of information presented in any prospectus or other sales literature. The existence of the permit shall not be advertised or used as an inducement in any solicitation. 2. The Commissioner shall place the substance of this section in conspicuous type at the top of each such permit issued. (Added to NRS by 1971, 1789)