Nev. Rev. Stat. § 688C.080
“Provider of viatical settlements” defined
Nevada · Nevada Revised Statutes Chapter 688C — Viatical Settlements · Status: effective
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- Citation
- Nev. Rev. Stat. § 688C.080, “Provider of viatical settlements” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2147361
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Full text
“Provider of viatical settlements” means a person other than a viator who enters into or effectuates a viatical settlement. The term does not include:
1. A bank, savings and loan association, savings bank, thrift company, credit union or other licensed lender that takes an assignment of a policy as security for a loan;
2. The issuer of a policy that provides accelerated benefits pursuant to the contract;
3. An authorized or eligible insurer that provides stop-loss coverage to a provider or purchaser of viatical settlements;
4. A natural person who enters into no more than one agreement in a calendar year for the transfer of policies for a value less than the expected death benefit;
5. A financing agent;
6. A special organization; or
7. A purchaser of viatical settlements.