Title 57

NRS 688C.400 Prohibited disparagement. An advertisement may not disparage insurers, providers of insurance, other providers or brokers of viatical settlements, policies, services or methods of marketing. (Added to NRS by 2001, 2175)

NRS 688C.410 Identification of provider, viatical settlement and agreement to purchase viatical settlement; statement of name of licensee. 1. The name of the provider of viatical settlements must be clearly identified in an advertisement about the provider, the provider’s viatica…

NRS 688C.420 Use of words, symbols or physical materials similar to those of governmental program or agency; creation of impression of governmental recommendation or endorsement; statements regarding licensing. 1. An advertisement may not use a combination of words, symbols or ph…

NRS 688C.430 Disclosures required when emphasizing speed of viatication or monetary amounts available. 1. If an advertiser emphasizes the speed with which viatication will occur, the advertisement must disclose the average time from completed application to date of offer and from…

NRS 688C.440 Interference with enforcement of chapter or investigation of possible violation unlawful; permitting person convicted of certain felonies to participate in business of viatical settlements unlawful. It is unlawful knowingly or intentionally: 1. For any person to inte…

NRS 688C.450 Felonious acts. It is a category D felony, and the offender shall be punished as provided in NRS 193.130, for any person, knowingly or with intent to defraud, to do any of the following acts in order to deprive another of property or for the person’s own pecuniary ga…

NRS 688C.460 Provision to Commissioner of information regarding felonious acts. 1. A person engaged in the business of viatical settlements who knows or reasonably believes that a violation of NRS 688C.450 is being, has been or will be committed shall promptly report the facts an…

NRS 688C.470 Immunity of persons providing information regarding felonious acts; award of attorney’s fees and costs. 1. Except as otherwise provided in subsection 2, a person furnishing information of the kind described in NRS 688C.460 is immune from liability and civil action if…

NRS 688C.480 Confidentiality and disclosure of certain documents and information regarding felonious acts. 1. Except as otherwise provided in NRS 239.0115, a document or information furnished pursuant to NRS 688C.470 or obtained by the Commissioner in an investigation of an actua…

NRS 688C.490 Establishment, maintenance and modification by licensees of certain protective measures against fraud; confidentiality of plan submitted to Commissioner. 1. Each licensee under this chapter shall establish and maintain protective measures against fraud which are reas…

NRS 688C.500 Statement related to false information required on application or contract for viatical settlement; effect. An application or contract for a viatical settlement, however transmitted, must contain a statement substantially as follows: “A person who knowingly presents …

NRS 688C.510 Injunctive and other relief; administrative fine; restitution; civil action; rescission. 1. In addition to the penalties and other means of enforcement provided under this chapter: (a) If a person violates a provision of this chapter or of a regulation adopted under …