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Current as of January 01, 2025 | Updated by Findlaw Staff
With respect to a viatical settlement or a policy of insurance:
1. A broker of viatical settlements shall not knowingly solicit an offer from, effectuate a viatical settlement with or make a sale to any provider, purchaser or investment agent of viatical settlements who:
(a) Controls;
(b) Is controlled by; or
(c) Is under common control with,
the broker of viatical settlements.
2. A provider of viatical settlements shall not knowingly enter into a viatical settlement with a viator if, in connection with that viatical settlement, anything of value will be paid to a broker of viatical settlements who controls, is controlled by or is under common control with a provider, purchaser or investment agent of viatical settlements who is involved in the viatical settlement.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 688C.275. Restrictions on business of broker and provider of viatical settlements - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-688c-275/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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