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Code · Nevada · CHAPTER 688C - VIATICAL SETTLEMENTS

NRS 688C.430 Disclosures required when emphasizing speed of viatication or monetary amounts available.

93 words·~1 min read·/nv/chapter-688c-viatical-settlements/688c-430

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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 acceptance of offer to receipt of funds by the viator.
2. If an advertiser emphasizes the monetary amounts available to viators, the advertisement must disclose the average purchase price as a fraction of face value obtained by viators who contracted with the advertiser during the preceding 6 months.
UNLAWFUL ACTS; FRAUD; ENFORCEMENT
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