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CS/SB 1232: Viatical Settlements

GENERAL BILL by Banking and Insurance ; Geller

Viatical Settlements; redefines terms "viatical settlement contract," "viatical settlement provider," "viator," "related provider trust," & "viatical settlement purchaser"; provides for disclosure to viatical settlement purchasers; provides for regulation of interstate conflicts; provides for contestability of viaticated policies; provides for grace period for unlicensed viatical settlement providers, etc. Amends Ch. 626.

Effective Date: 07/01/2000
Last Action: 5/5/2000 Senate - Died in Committee on Governmental Oversight and Productivity, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 1956 (Ch. 2000-344)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/8/2000 Senate • Prefiled
    2/11/2000 Senate • Referred to Banking and Insurance; Governmental Oversight and Productivity
    3/7/2000 Senate • Introduced, referred to Banking and Insurance; Governmental Oversight and Productivity -SJ 00074
    3/29/2000 Senate • On Committee agenda-- Banking and Insurance, 04/03/00, 1:00 pm, 110-S --Temporarily postponed
    4/5/2000 Senate • On Committee agenda-- Banking and Insurance, 04/10/00, 2:00 pm, 110-S
    4/10/2000 Senate • Comm. Action: CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 00447; CS read first time on 04/12/00 -SJ 00448
    4/12/2000 Senate • Now in Governmental Oversight and Productivity -SJ 00447
    5/5/2000 Senate • Died in Committee on Governmental Oversight and Productivity, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 1956 (Ch. 2000-344)

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  • CS/SB 1232, Committee Substitute 1 (Current Bill Version) Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/10/2000 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1956 (e2) Lee Similar Last Action: 6/20/2000 Approved by Governor; Chapter No. 2000-344
    Location:
    H 2323 Viatical Settlements Gay Compare Last Action: 5/5/2000 H Died on Calendar, Iden./Sim./Compare Bill(s) passed, refer to CS/SB 1956 (Ch. 2000-344)
    Location:

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9912 Viatical settlement provider license required; application for license.
    626.9921 Filing of forms; required procedures; approval.
    626.9922 Examination.
    626.99236
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245
    626.9925 Rules.
    626.99275 Prohibited practices.
    626.99278
    626.99285
    626.99287
    626.99295

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  • SB 1232, Original Filed Version Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.9912 Viatical settlement provider license required; application for license.
    626.9921 Filing of forms; required procedures; approval.
    626.9922 Examination.
    626.99236
    626.9924 Viatical settlement contracts; procedures; rescission.
    626.99245
    626.9925 Rules.
    626.99285

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