PART III. LIFE SETTLEMENTS


Sec. 38a-465. Definitions.
Sec. 38a-465a. Licensing of life settlement providers and brokers.
Sec. 38a-465b. Denial, suspension or revocation of license. Refusal to renew license. Appeals.
Sec. 38a-465c. Contract form and disclosure statements. Filing and approval requirements. Disclosure of life settlement contract availability and lawful assignment not to be prohibited.
Sec. 38a-465d. Annual statements. Penalty. Confidentiality of insured's information. Reasons for disclosure of insured's identity.
Sec. 38a-465e. Examination of licensees and applicants. Commissioner's access to records. Retention of records. Expenses of examination. Confidentiality of examination workpapers and reports.
Sec. 38a-465f. Required disclosures.
Sec. 38a-465g. Prerequisites to a life settlement contract wherein insured is terminally or chronically ill. Medical release and confidentiality of medical information. Verification of coverage. Notice to insurer. Change of ownership or beneficiary. Rescission. Escrow agent or trustee. Broker fee calculation and disclosure of compensation. Prohibitions. Exemptions.
Sec. 38a-465h. Premium finance loans. Disclosures and certifications.
Sec. 38a-465i. Violations.
Sec. 38a-465j. Fraudulent life settlement acts prohibited. Confidentiality of documents and evidence. Antifraud plans.
Sec. 38a-465k. Injunctions. Cease and desist orders. Damages.
Sec. 38a-465l. Penalties.
Sec. 38a-465m. Regulations. Imposition of bond or other mechanism as proof of financial accountability. Conflict of laws.
Sec. 38a-465n. Life settlement advertisements.
Sec. 38a-465o. Life settlement broker deemed to represent only the owner. Fiduciary duty to owner.
Sec. 38a-465p. Provider or broker lawfully transacting business in the state or person lawfully negotiating life settlement contracts prior to October 1, 2008.
Sec. 38a-465q. Related provider trusts.
Secs. 38a-466to38a-468. [Reserved]