An application or contract for a viatical settlement, however transmitted, must contain a statement substantially as follows: “A person who knowingly presents false information in an application for a viatical settlement is guilty of insurance fraud and subject to fine and imprisonment.” The lack of such a statement is not a defense in a prosecution for violation of NRS 688C.450.
NRS 688C.500
Statement related to false information required on application or contract for viatical settlement; effect
(Added to NRS by 2001, 2177)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.