Nevada Revised Statutes 688C.135 – ‘Viatical settlement investment agent’ and ‘investment agent of viatical settlements’ defined
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‘Viatical settlement investment agent’ or ‘investment agent of viatical settlements’ means a person who is appointed by or contracts with a licensed provider of viatical settlements to solicit or arrange for the funding for the purchase of a viatical settlement by a purchaser of viatical settlements on behalf of the provider of viatical settlements.
Terms Used In Nevada Revised Statutes 688C.135
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.