NRS 688C.450
Felonious acts.
1.
Present, cause to be presented or prepare with knowledge or belief that it will be presented, false information to or by an investment agent or a provider or broker of viatical settlements, a financing agent, an insurer, a provider of insurance or any other person, or to conceal information, as part of, in support of or concerning a fact material to:(a)
An application for the issuance of a policy or viatical settlement;(b)
The underwriting of a policy or viatical settlement;(c)
A claim for payment or other benefit under a policy, viatical settlement or agreement to purchase a viatical settlement;(d)
A premium paid on a policy or as a result of an agreement to purchase a viatical settlement;(e)
A payment or change of beneficiary or ownership pursuant to a policy or viatical settlement;(f)
The reinstatement or conversion of a policy;(g)
The solicitation, offer or effectuation of a policy, viatical settlement or agreement to purchase a viatical settlement; or(h)
The issuance of written evidence of a policy, viatical settlement or agreement to purchase a viatical settlement.2.
In furtherance of a fraud or to prevent detection of a fraud:(a)
Remove, conceal, alter, destroy or sequester from the Commissioner assets or records of a licensee under this chapter or other person engaged in the business of viatical settlements;(b)
Misrepresent or conceal the financial condition of a licensee, a financing agent, an insurer or other person;(c)
Transact the business of viatical settlements in violation of this chapter; or(d)
File with the Commissioner or analogous officer of another jurisdiction a document containing false information or otherwise conceal information about a material fact from the Commissioner or other officer.3.
Present, cause to be presented or prepare with knowledge or belief that it will be presented to or by a provider or broker of viatical settlements, an investment agent, a financing agent, an insurer, a provider of insurance or any other person, in connection with a viatical settlement or transaction of insurance, a policy fraudulently by the insured or owner or an agent of either.4.
Embezzle, steal, misappropriate or convert money, premiums, credits or other property in an amount or having a value of less than $650 of a provider of viatical settlements, a viator, an insurer, an insured, an owner of a policy or other person engaged in the business of viatical settlements or insurance.5.
Attempt to commit, assist, aid, abet or conspire to commit an act or omission described in subsections 1 to 4, inclusive.6.
Under no circumstances is a violation of this section considered or intended to be a lesser included offense of a violation of the provisions of NRS 90.570.
Source:
Section 688C.450 — Felonious acts., https://www.leg.state.nv.us/NRS/NRS-688C.html#NRS688CSec450
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