Statutes, codes, and regulations
Nevada Revised Statutes
Title 57 - INSURANCEChapter 686A - TRADE PRACTICES AND FRAUDS; FINANCING OF PREMIUMS
GENERAL PROVISIONS
Section 686A.150 - Using security, advisory board contract or agreement offering or promising profit as inducement prohibited

Nev. Rev. Stat. § 686A.150

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 686A.150 - Using security, advisory board contract or agreement offering or promising profit as inducement prohibited

Except as provided in subsection 2 of NRS 686A.120 (contemporaneous sales of life insurance and mutual fund shares), no person shall sell, agree or offer to sell, or give or offer to give, directly or indirectly in any manner whatsoever, as an inducement to insurance or in connection therewith, any stock, shares, bonds or other securities of any kind, or any advisory board contract or other contract or agreement of any kind offering or promising returns and profits.

NRS 686A.150

Added to NRS by 1971, 1693
Added to NRS by 1971, 1693