599B.185 - Required disclosures when seller or salesperson solicits sale of investments. [Effective through June 30, 2011.]
599B.185 Required disclosures when registrant solicits sale of investments. [Effective July 1, 2011.] If a registrant solicits the sale of investments or opportunities for investment, he or she shall, during the oral sales presentation and in writing, inform the prospective consumer:
1. Of the manner in which the price of the offered item is determined;
2. Whether the registrant or his or her employer receives any financial advantage other than an agent’s or brokerage fee; and
3. Of the amount of any agent’s or brokerage fee.
(Added to NRS by 1993, 2098; A 1995, 941; 2009, 2729, effective July 1, 2011)