Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER688C. Viatical Settlements |
GENERAL PROVISIONS |
NRS 688C.010. Definitions. |
NRS 688C.020. “Advertising” defined. |
NRS 688C.030. “Broker of viatical settlements” defined. |
NRS 688C.040. “Business of viatical settlements” defined. |
NRS 688C.050. “Chronically ill” defined. |
NRS 688C.060. “Financing agent” defined. |
NRS 688C.070. “Policy” defined. |
NRS 688C.080. “Provider of viatical settlements” defined. |
NRS 688C.090. “Purchaser of viatical settlements” defined. |
NRS 688C.095. “Rescission period” defined. |
NRS 688C.100. “Special organization” defined. |
NRS 688C.110. “Terminally ill” defined. |
NRS 688C.130. “Viatical settlement” defined. |
NRS 688C.133. “Viatical settlement investment” defined. |
NRS 688C.135. “Viatical settlement investment agent” and “investment agent of viatical settlements” defined. |
NRS 688C.137. “Viatical settlement purchase agreement” defined. |
NRS 688C.140. “Viaticated policy” defined. |
NRS 688C.150. “Viator” defined. |
NRS 688C.160. Governing law when residents of different states are viators or purchasers of viatical settlements with respect to single policy. |
LICENSING; REGULATION |
NRS 688C.170. Regulations of Commissioner. |
NRS 688C.175. Applicability of other statutes. |
NRS 688C.180. Examinations and investigations by Commissioner. |
NRS 688C.190. License to operate as investment agent, provider or broker: General requirements; application, renewal and expiration; effect. |
NRS 688C.200. Investigation of applicant and issuance of license; evidence of financial responsibility; provision of new or revised information to Commissioner. |
NRS 688C.210. Suspension, revocation or refusal of license; application for hearing. |
NRS 688C.212. Certain financial planners must be licensed as insurance consultants. |
NRS 688C.213. Probation of broker or investment agent of viatical settlements for acting in bad faith. |
NRS 688C.214. Action against producer of life insurance for acting in bad faith. |
NRS 688C.215. License to operate as investment agent or broker not required for certain producers of insurance. |
NRS 688C.220. Filing and approval of forms; submission of advertising material. |
NRS 688C.230. Filing of annual statement; confidentiality of information; disclosure of identity of insured. |
NRS 688C.240. Retention of records and documents. |
NRS 688C.242. Viatical settlement investment agent: Representation of provider. |
NRS 688C.244. Viatical settlement investment agent: Identity of or communication with viator or insured. |
NRS 688C.250. Disclosures to viator upon or before execution of application for settlement. |
NRS 688C.260. Disclosures to viator upon or before execution of settlement. |
NRS 688C.262. Disclosure to purchaser of viatical settlement; provision of other information. |
NRS 688C.264. Additional disclosure to purchaser of viatical settlement. |
NRS 688C.266. Form of certain disclosures. |
NRS 688C.268. Disclosure to issuer of policy. |
NRS 688C.270. Prerequisites to entry by viator into settlement within 5 years after issuance of policy; submission of independent evidence or certification to insurer. |
NRS 688C.275. Restrictions on business of broker of viatical settlements and provider of viatical settlements. |
NRS 688C.280. Acquisition of certain documents by provider or broker before entry into settlement; notice to issuer of policy; requests for verification of coverage. |
NRS 688C.285. Insurer; request for verification of coverage or effecting transfer of policy; forms or disclosures. |
NRS 688C.290. Submission by viator of certain documents to escrow agent; duties of escrow agent; payment of viator. |
NRS 688C.300. Rescission of viatical settlement. |
NRS 688C.310. Contact with insured to determine address and telephone or status of health after settlement. |
NRS 688C.320. Confidentiality of medical information. |
NRS 688C.330. Notice of transfer of ownership or change of beneficiary of viaticated policy by provider; response by insurer to request for change of ownership or beneficiary. |
ADVERTISING |
NRS 688C.350. Applicability and interpretation of provisions. |
NRS 688C.360. Establishment and maintenance by licensee of system of control; responsibility for advertisements. |
NRS 688C.370. Advertisements: Avoidance of deception; filing of materials with Commissioner; regulations. |
NRS 688C.390. Use of testimonial, endorsement, appraisal, analysis or statistical information. |
NRS 688C.400. Prohibited disparagement. |
NRS 688C.410. Identification of provider, viatical settlement and agreement to purchase viatical settlement; statement of name of licensee. |
NRS 688C.430. Disclosures required when emphasizing speed of viatication or monetary amounts available. |
UNLAWFUL ACTS; FRAUD; ENFORCEMENT |
NRS 688C.440. Unlawful acts. |
NRS 688C.450. Felonious acts. |
NRS 688C.460. Provision to Commissioner of information regarding felonious acts. |
NRS 688C.470. Immunity of persons providing information regarding felonious acts; award of attorney’s fees and costs. |
NRS 688C.480. Confidentiality and disclosure of certain documents and information regarding felonious acts. |
NRS 688C.490. Establishment, maintenance and modification by licensees of certain protective measures against fraud; confidentiality of plan submitted to Commissioner. |
NRS 688C.500. Statement required on application or contract for settlement. |
NRS 688C.510. Injunctive and other relief; administrative fine; restitution; civil action; rescission. |