Nevada Revised Statutes 90.610 – Unlawful representation concerning licensing, registration or exemption
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1. Neither the fact that an application for licensing or a statement has been filed under this chapter, nor the fact that a person is licensed or a security is registered under this chapter constitutes a finding by the Administrator that any record filed under this chapter is true, complete and not misleading. Neither of those facts nor the fact that an exemption or exception is available for a security or a transaction means that the Administrator has passed upon the merits or qualifications of, or recommended or given approval to, any person, security or transaction.
Terms Used In Nevada Revised Statutes 90.610
- 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
2. It is unlawful to make, or cause to be made, to a purchaser, customer or client a representation inconsistent with subsection 1.