SENATE AMENDMENT

    Bill No. CS for SB 1956

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Lee moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 19, between lines 7 and 8,

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16  insert:

17         Section 14.  Subsection (1) of section 626.9915,

18  Florida Statutes, is amended to read:

19         626.9915  Effect of suspension or revocation of

20  viatical settlement provider license; duration of suspension;

21  reinstatement.--

22         (1)  When its license is suspended or revoked, the

23  provider must proceed, immediately following the effective

24  date of the suspension or revocation, to conclude the affairs

25  it is transacting under its license. The provider may not

26  solicit, negotiate, advertise, or effectuate new contracts.

27  The department retains jurisdiction over the provider until

28  all contracts have been fulfilled or canceled or have expired.

29  A provider whose license is suspended or revoked may continue

30  to maintain and service viaticated policies subject to the

31  approval of the department.

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    4:41 PM   04/26/00                              s1956c1c-23k0a




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1956

    Amendment No.    





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 2  (Redesignate subsequent sections.)

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 5  ================ T I T L E   A M E N D M E N T ===============

 6  And the title is amended as follows:

 7         On page 2, line 2, after the semicolon,

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 9  insert:

10         amending s. 626.9915, F.S.; allowing a provider

11         whose license is suspended or revoked to

12         continue to maintain and service viaticated

13         policies if the department approves;

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    4:41 PM   04/26/00                              s1956c1c-23k0a