Viatical Settlements Act of 2008 | Midpage

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Oklahoma Statutes

Viatical Settlements Act of 2008

Viatical Settlements Act of 2008

4055.1Short Title 4055.2Definitions 4055.3Licensing - Viatical Settlement Providers and Brokers 4055.4Revocation or Suspension of License - Refusal to Issue or Renew 4055.5Filing and Approval of Viatical Settlement Contract Forms and Disclosure Statements 4055.6Annual Statement - Filing - Confidentiality 4055.7Investigations - Records - Examination Warrants - Examination Reports - Conflicts of Interest - Commissioner Immunity 4055.8Required Disclosures to Viators - Notice of Change in Ownership or Beneficiary 4055.9Requirements for Settlement Contract - Viator Right to Rescind - Instruction - Failure to Tender Consideration - Minimum Discounts 4055.10Viatical Settlement Contract Made Within Two Years of Issuance of Insurance Policy or Certificate - When Lawful - Rights and Duties of Insurer and Viatical Settlement Provider 4055.11Fraudulent Acts Connected With Viatical Settlement - Promotional, Advertising and Marketing Materials 4055.12Permissible and Impermissible Conduct in Advertising of Viatical Settlements - Purpose - Guidelines 4055.13Prohibited Acts - Immunity for Reports of Prohibited Acts - Investigative Records - Antifraud Initiatives 4055.14Injunctions - Civil Actions - Civil Penalties - Cease and Desist Orders - Criminal Penalties 4055.15Deceptive Trade Practice 4055.16Authority of Insurance Commissioner 4055.17Business Prior to the Act 4056Blank 4057Blank 4058Blank 4059Blank 4060Blank