NRS § 598.092
§ 598.092. "Deceptive trade practice" defined
A person engages in a "deceptive trade practice" when in the course of his business or occupation he:
1.
Knowingly fails to identify goods for sale or lease as being damaged by water.
2.
Solicits by telephone or door to door as a lessor or seller, unless the lessor or seller identifies
himself, whom he represents and the purpose of his call within 30 seconds after beginning the conversation.
3.
Knowingly states that services, replacement parts or repairs are needed when no such services,
replacement parts or repairs are actually needed.
4.
Fails to make delivery of goods or services for sale or lease within a reasonable time or to make a
refund for the goods or services, if he allows refunds.
5.
Advertises or offers an opportunity for investment and:
(a)
Represents that the investment is guaranteed, secured or protected in a manner which he knows or has
reason to know, is false or misleading;
(b)
Represents that the investment will earn a rate of return which he knows or has reasons to know is
false or misleading;
(c)
Makes any untrue statement of a material fact or omits to state a material fact which is necessary
to make another statement, considering the circumstances under which it is made, not misleading;
(d)
Fails to maintain adequate records so that an investor may determine how his money is invested;
(e)
Fails to provide information to an investor after a reasonable request for information concerning
his investment;
(f)
Fails to comply with any law or regulation for the marketing of securities or other investments; or
(g)
Represents that he is licensed by an agency of the state to sell or offer for sale investments or
services for investments if he is not so licensed.
6.
Charges a fee for advice with respect to investment of money and fails to disclose:
(a)
That he is selling or offering to lease goods or services and, if he is, their identity; or
(b)
That he is licensed by an agency of any state or of the United States to sell or to offer for sale
investments or services for investments, or holds any other license related to the service he is providing.
7.
Notifies any person, by any means, as a part of an advertising plan or scheme, that he has won a prize
and that as a condition of receiving the prize he must purchase or lease goods or services.
8.
Fails to inform customers, if he does not allow refunds or exchanges, that he does not allow refunds or
exchanges by:
(a)
Printing a statement on the face of the lease or sales receipt;
(b)
Printing a statement on the face of the price tag; or
(c)
Posting in an open and conspicuous place a sign at least 8 by 10 inches in size with boldface
letters,
specifying that no refunds or exchanges are allowed.
