NAC688A.160. Restrictions on presentations, literature and contract forms.

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     1. A presentation of benefits must not display guaranteed and nonguaranteed benefits as a single sum unless guaranteed benefits are shown separately in close proximity thereto and with equal prominence.

     2. Sales promotion literature and contract forms must not state or imply that annuity contracts or deposit funds are the same as savings accounts or deposits in banking or savings institutions. The use of passbooks which resemble savings bank passbooks is prohibited.

     3. Any reference to dividends or to excess interest credits must include a statement that the dividends or credits are not guaranteed.

[Comm’r of Insurance, LH-7 § 7 subsecs. D, E & F, eff. 2-6-80]

                    
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