Chapter 431C
30 sections
§431C-2 Definitions for life settlement contracts
§431C-3 Who needs a license to arrange life settlements
§431C-4 License suspension, revocation, or refusal to renew
§431C-5 Approval needed for life settlement contract forms
§431C-6 Annual reporting and privacy rules for life settlements
§431C-11 State insurance checks on licensees and their records
§431C-12 How insurance examinations are run
§431C-13 Rules for examination reports and responses
§431C-14 Keeping examination information private
§431C-15 Examiner conflicts of interest and special experts
§431C-16 Immunity from liability
§431C-17 Commissioner's power to investigate life settlement fraud
§431C-21 Rules for advertising life settlement policies
§431C-31 Disclosures to owners
§431C-32 Insurance companies can ask about loans used to pay life insurance premiums
§431C-33 Rules for buying life settlement contracts
§431C-34 Buyer's guide must be given to owners
§431C-41 Prohibited practices in life settlements
§431C-42 Fraud in life settlement deals is banned
§431C-43 Fraud warning must be included in life settlement contracts
§431C-44 Reporting Fraudulent Life Settlement Acts
§431C-45 Protection for reporting suspected fraud
§431C-46 Keeping life settlement investigation records confidential
§431C-47 Other agencies can still enforce the law
§431C-48 Rules for stopping life settlement fraud
§431C-49 Courts can stop violations and victims can sue
§431C-50 Penalties for fraud and other violations
§431C-51 Breaking this law is an unfair trade practice
§431C-52 Which state's laws apply to a life settlement contract
§431C-53 Insurance commissioner can make rules for this law