Nev. Admin. Code § 688A.Sec. 14 - NEW

Unless otherwise specifically included, sections 3 to 27, inclusive shall not apply to transactions involving:

1. Direct response solicitations where there is no recommendation based on information collected from the consumer pursuant to sections 3 to 27, inclusive;

2. Contracts used to fund:

(a) An employee pension or welfare benefit plan that is covered by the federal Employee Retirement Income Security Act of 1974, 29 U.S.C. §§ 1001 et seq.;

(b) A plan described by 26 U.S.C. § 401(a), 401(k), 403(b), 408(k) or 408(p), if established or maintained by an employer;

(c) A government or church plan defined in 26 U.S.C. § 414, a government or church welfare benefit plan, or a deferred compensation plan of a state or local government or taxexempt organization under 26 U.S.C. § 457; or

(d) A nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor;

3. Settlements of or assumptions of liabilities associated with personal injury litigation or any dispute or claim resolution process; or

4. Formal prepaid funeral contracts.

Notes

Nev. Admin. Code § 688A.Sec. 14

Added to NAC by Comm'r of Insurance by R109-23A, eff. 11/15/2024

NRS 679B.130