The Florida Senate

626.99295  Grace period.--An unlicensed viatical settlement provider or viatical settlement broker that was legally transacting business in this state on June 30, 2000, may continue to transact such business, in the absence of any orders by the office, department, or the former Department of Insurance to the contrary, until the office or department, as applicable, approves or disapproves the viatical settlement provider's application for licensure if the viatical settlement provider or viatical settlement broker filed with the former department an application for licensure no later than August 1, 2000, and if the viatical settlement provider or viatical settlement broker complies with all other provisions of this act. Any form for which former department approval was required under this part must have been filed by August 1, 2000, and may continue to be used until disapproved by the office or department.

History.--s. 13, ch. 2000-344; s. 1060, ch. 2003-261.