688C.410 - Identification of provider, viatical settlement and agreement to purchase viatical settlement; statement of name of licensee. - Nevada Statutes

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 viatical settlements or the provider’s agreements to purchase viatical settlements. If a viatical settlement or an agreement to purchase a viatical settlement is advertised, it must be identified by number or other appropriate description. If an application is part of an advertisement, the name of the provider must be shown on the application.

      2.  An advertisement may not use a trade name, designation of a group, name of a parent or particular division of a provider of viatical settlements, service mark, slogan or other device or reference without disclosing the identity of the provider of viatical settlements licensed under this chapter if the advertisement would have the capacity or tendency to mislead as to the true identity of the provider or create the impression that an organization other than the licensee would have a responsibility for the financial obligation under a viatical settlement. The name of the licensee must be stated in all advertisements.

      (Added to NRS by 2001, 2176; A 2009, 1804)