2013 Nevada Revised Statutes
Chapter 688C - Viatical Settlements
NRS 688C.150 - Viator defined.
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.
(Added to NRS by 2001, 2168; A 2009, 1792)
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