GroundRules
← Search the law
Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 688C.150: “Viator” defined.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 57 — INSURANCE
  2. CHAPTER 688C - VIATICAL SETTLEMENTS
  3. GENERAL PROVISIONS

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.

Collected 2026-09-03T05:51:46Z. Source file · JSON

Browse this collection