Nevada Revised Statutes
Chapter 692B - Formation and Capitalization of Domestic Stock and Mutual Insurers; Financing of Insurers and Holding Companies
NRS 692B.120 - Effect of granting permit; prohibited use as inducement; provision required to be placed on permit.


1. The granting of a solicitation permit is permissive only and shall not constitute an endorsement by the Commissioner of any person or thing related to any such insurer, corporation, syndicate, association, firm, organization or financing, or constitute evidence of the completeness or accuracy of information presented in any prospectus or other sales literature. The existence of the permit shall not be advertised or used as an inducement in any solicitation.
2. The Commissioner shall place the substance of this section in conspicuous type at the top of each such permit issued.
(Added to NRS by 1971, 1789)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 692B - Formation and Capitalization of Domestic Stock and Mutual Insurers; Financing of Insurers and Holding Companies

NRS 692B.010 - Scope.

NRS 692B.020 - Incorporation.

NRS 692B.030 - Amendment of articles of incorporation: Submission and approval of Commissioner; applicability to existing insurers.

NRS 692B.040 - Solicitation permit required; penalty.

NRS 692B.050 - "Insurance holding corporation" defined; Massachusetts trusts.

NRS 692B.060 - Exemptions.

NRS 692B.070 - Application for solicitation permit. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational an...

NRS 692B.080 - Application for permit to solicit qualifying mutual applications.

NRS 692B.090 - Investigation; exception.

NRS 692B.100 - Granting or denial of permit.

NRS 692B.110 - Issuance and terms of permit; compliance.

NRS 692B.120 - Effect of granting permit; prohibited use as inducement; provision required to be placed on permit.

NRS 692B.130 - Prospectus required; contents of prospectus; other literature; filing of certain sales literature and visual sales material with Commissioner.

NRS 692B.140 - Modification or revocation of permit.

NRS 692B.150 - Bond; deposit in lieu of bond; waiver or release; exception.

NRS 692B.160 - Filing of articles of incorporation; rights under permit.

NRS 692B.170 - Deposit of money in escrow.

NRS 692B.180 - Subscription contracts.

NRS 692B.190 - License to sell securities. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreat...

NRS 692B.193 - Payment of child support: Statement by applicant for permit or license; grounds for denial of permit or license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to...

NRS 692B.197 - Suspension of permit or license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of permit or license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring ea...

NRS 692B.200 - Mutual insurers: Initial qualifications.

NRS 692B.210 - Mutual insurers: Permit; bond or deposit.

NRS 692B.220 - Mutual insurers: Qualifying applications for insurance.

NRS 692B.230 - Mutual insurers: Deposit of premiums in escrow.

NRS 692B.240 - Failure to complete or qualify.

NRS 692B.250 - Voluntary dissolution.

NRS 692B.260 - Subsequent financing: Solicitation permit required; penalty.