SB 1924: Viatical Settlements [CPSC]
GENERAL BILL by Gaetz
Viatical Settlements [CPSC]; Requires that a viatical settlement provider annually file a statement containing information required by state law on or before a specified date. Clarifies grounds for which the OIR may suspend, revoke, deny, or refuse to renew the license of a viatical settlement provider. Prohibits a person from performing the functions of a life expectancy provider regarding viatical settlement contracts without first having registered as such a provider, etc.
Effective Date: 07/01/2009
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/19/2009 Senate • Filed
3/5/2009 Senate • Introduced, referred to Banking and Insurance; Judiciary; General Government Appropriations -SJ 00142
5/2/2009 Senate • Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance
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SB 1924, Original Filed Version (Current Bill Version) Posted 3/3/2009 at 4:14 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location H 1461 Viatical Settlements Hays Identical Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Location:H 1167 Viatical Settlements Legg Compare Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Insurance, Business, & Financial Affairs Policy (GGPC)
Location:S 1882 Viatical Settlements [CPSC] Fasano Compare Last Action: 4/14/2009 S Withdrawn from Banking and Insurance; Judiciary; General Government Appropriations -SJ 00337; Withdrawn from further consideration -SJ 00337
Location:Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 626.9911 Definitions. 626.9913 Viatical settlement provider license continuance; annual report; fees; deposit. 626.9914 Suspension, revocation, denial, or nonrenewal of viatical settlement provider license; grounds; administrative fine. 626.99175 Life expectancy providers; registration required; denial, suspension, revocation. 626.992 Use of licensed viatical settlement providers, viatical settlement brokers, and registered life expectancy providers required. 626.9922 Examination. 626.99234 626.9924 Viatical settlement contracts; procedures; rescission. 626.99245 Conflict of regulation of viaticals. 626.9925 Rules. 626.99275 Prohibited practices; penalties. 626.99287 Contestability of viaticated policies.