Nev. Admin. Code § 688C.230

Current through October 11, 2024
Section 688C.230 - Annual report by broker of viatical settlements
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.

Nev. Admin. Code § 688C.230

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