Nevada Administrative Code
Chapter 688C - Viatical Settlements
Section 688C.230 - Annual report by broker of viatical settlements
Universal Citation: NV Admin Code 688C.230
Current through December 12, 2024
1. On or before March 1 of each year, a broker of viatical settlements shall submit a report to the Commissioner detailing the business of viatical settlements conducted by the broker of viatical settlements during the previous calendar year.
2. The report submitted pursuant to subsection 1 must contain:
(a) A title called "Broker Reporting Form";
(b) The complete name and license number of the broker of viatical settlements submitting the report;
(c) The calendar year for which the report is submitted;
(d) A list of all providers of viatical settlements with whom the broker arranged a viatical settlement;
(e) A statement certifying that the broker of viatical statements was in compliance with the provisions of NAC 688C.140 during the previous calendar year;
(f) An attestation that the information contained in the report is true and accurate to the best knowledge, information and belief of the broker of viatical settlements submitting the report;
(g) The signature of the broker of viatical settlements submitting the report; and
(h) The date on which the broker of viatical settlements signed the report.
3. The first report required pursuant to subsection 1 must be filed with the Commissioner on or before March 1, 2005, for the period of January 1, 2004, to December 31, 2004.
Added to NAC by Comm'r of Insurance by R180-03, eff. 11-15-2004; A by R120-06, 9-18-2006
NRS 679B.130, 688C.230
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