599B.170 - Required disclosures by salesperson; restrictions on representations regarding premiums. [Effective through June 30, 2011.] - Nevada Statutes

599B.170  Required disclosures by salesperson; restrictions on representations regarding premiums. [Effective July 1, 2011.]

      1.  During any solicitation or sales presentation made by him or her, or in any correspondence written in connection with a sale, a salesperson shall:

      (a) Identify himself or herself by stating his or her true name;

      (b) Identify the seller by whom he or she is employed; and

      (c) State the purpose of his or her call.

      2.  During any solicitation or sales presentation made by him or her, or in any correspondence written in connection with a registrant, a registrant shall disclose to a consumer:

      (a) Any charge, including the amount associated with the use of any premium being offered;

      (b) Any material restriction, requirement, condition, limitation or exception which is associated with the use of the premium; and

      (c) Any charge connected with the sale of any goods or services.

      3.  A registrant shall not characterize a premium as a prize unless the consumer may receive the premium free of charge and without making any purchase.

      4.  A registrant shall inform each consumer of the time within which any premium will be delivered.

      5.  A registrant shall not make any representation of the number of premiums to be awarded in a sales promotion unless the representation accurately reflects the actual number of premiums that will be awarded.

      (Added to NRS by 1989, 1385; A 1993, 2108; 1995, 939; 2009, 2727, effective July 1, 2011)