NRS 688C.150
“Viator” defined.

1.

“Viator” means the owner of a policy or the holder of a certificate of insurance under a policy of group insurance who resides in this State and who enters or seeks to enter into a viatical settlement. The term is not limited to an owner who is terminally or chronically ill except where that limitation is expressly provided.

2.

The term does not include:

(a)

A producer of life insurance acting as a broker of viatical settlements pursuant to this chapter;

(b)

A qualified institutional buyer as defined in Rule 144A of the federal Securities Act of 1933, 15 U.S.C. §§ 77a et seq., as amended;

(c)

A financing agent; or

(d)

A special organization.

Source: Section 688C.150 — “Viator” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-688C.­html#NRS688CSec150.

Last Updated

Jun. 24, 2021

§ 688C.150’s source at nv​.us