1. 'Viator' means the owner of a policy or the holder of a certificate of insurance under a policy of group insurance who resides in this State and who enters or seeks to enter into a viatical settlement. The term is not limited to an owner who is terminally or chronically ill except where that limitation is expressly provided. 2. The term does not include: (a) A producer of life insurance acting as a broker of viatical settlements pursuant to this chapter; (b) A qualified institutional buyer as defined in Rule 144A of the federal Securities Act of 1933, 15 U.S.C. §§ 77a et seq., as amended; (c) A financing agent; or (d) A special organization. (Added to NRS by 2001, 2168; A 2009, 1792)
Nevada Legal Code