VIATICAL AND LIFE SETTLEMENTS ACT

  1. Law
  2. Maine Revised Statutes
  3. MAINE INSURANCE CODE
  4. VIATICAL AND LIFE SETTLEMENTS ACT

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Section
24-A §6801

Short title

Section
24-A §6802

Definitions (REPEALED)

Section
24-A §6802-A

Definitions

Section
24-A §6803

Settlement provider and producer license; license requirements

Section
24-A §6803-A

Fiduciary obligation of settlement producer

Section
24-A §6804

License revocation and administrative assessments

Section
24-A §6805

Approval of settlements contracts; disclosure statements and applications

Section
24-A §6806

Reporting requirements; confidentiality of information

Section
24-A §6807

Examinations and investigations

Section
24-A §6808

Disclosure

Section
24-A §6808-A

Contact with insured; additional disclosures

Section
24-A §6809

General provisions for settlement contracts

Section
24-A §6810

Rules

Section
24-A §6811

Prohibited practices and provisions under policies

Section
24-A §6812

Insurance company practices

Section
24-A §6812-A

Inquiries and optional disclosures by life insurers

Section
24-A §6813

Financing (REPEALED)

Section
24-A §6814

Unfair trade practices

Section
24-A §6815

Assignment or resale of policies

Section
24-A §6815-A

Regulatory requirements under Maine Uniform Securities Act

Section
24-A §6816

Permitted operations before formal approval (REPEALED)

Section
24-A §6817

Advertising of settlements

Section
24-A §6818

Fraud prevention and control

Section
24-A §6819

Civil remedies; individual remedy