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House Bill 1646


House Bill 1646

ARCHIVE (2005)

Latest Information

 

DIGEST OF HB 1646 (Updated April 28, 2005 8:20 pm - DI 75)


Viatical settlements. Prohibits certain actions related to viatical settlement contracts. Amends the statute of limitations for certain actions concerning securities violations involving certain viatical settlement contracts. Provides for regulation of viatical settlements that involve life insurance that insures the life of any individual. Prohibits certain insurance producer payments related to viatical settlements. Amends the disclosures that must be made to a viator. Makes conforming amendments.
Current Status:
 Law Enacted
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