- (a) A viatical settlement broker may not be an agent for, or employee of, a viatical settlement provider.
- (b) A viatical settlement broker who offers or attempts to negotiate a viatical settlement contract shall act according to the viator's instructions and in the best interest of the viator or insured and not the viatical settlement provider or any other person.
- (c) Repealed 10/13/2011.
- (d) A licensee may operate only within the scope of the license the person applied for and received.
- (e) A firm shall have a firm license of the same scope as each individual employee of the firm.
- (f) Except as provided in 3 AAC 31.305, each individual employee of a firm must be licensed in this state.
(Eff. 8/25/2002, Register 163; am 10/13/2011, Register 200)