LegalFix

NRS 689.545 - Prepaid contracts: Approval and disapproval of forms.

NV Rev Stat § 689.545 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. A seller shall not offer, sell or deliver in this state any prepaid contract unless the form of the contract has been filed with and approved in writing by the Commissioner.

2. The Commissioner shall disapprove any form of contract which the Commissioner finds:

(a) Printed or reproduced in such a manner as to be substantially illegible in whole or in part;

(b) Contains ambiguous or misleading provisions, clauses or titles;

(c) Includes or combines in the prepaid contract provisions for the purchase of cemetery plots and existing burial spaces, unless such sales are separated and distinctly defined as burial merchandise and services; or

(d) Does not comply or is inconsistent with any applicable requirement of NRS 689.450 to 689.595, inclusive,

or for other good cause shown.

3. No amendment or modification of any form may be made unless the amendment or modification has been filed with and approved in writing by the Commissioner.

4. Each filing is subject to a waiting period of up to 30 days before it becomes effective.

5. Upon written application by the holder of a seller’s permit, the Commissioner may authorize a filing which the Commissioner has reviewed to become effective before the expiration of the waiting period or any extension thereof.

6. A filing shall be deemed to meet the requirements of NRS 689.450 to 689.595, inclusive, unless disapproved by the Commissioner within the waiting period or any extension thereof.

(Added to NRS by 1987, 1256; A 1993, 2619)

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
NRS 689.545 - Prepaid contracts: Approval and disapproval of forms.