Ohio Revised Code|Chapter 3916 | Viatical Settlements Model Act

Section 3916.01 | Viatical settlements model act definitions.

Section 3916.02 | Viatical settlement provider or broker license.

Section 3916.03 | Application for license - issuance, renewal - new or revised information.

Section 3916.031 | Licensed broker business to maintain licensed individual.

Section 3916.04 | Broker deemed to represent viator - fiduciary duty.

Section 3916.05 | Forms to be approved by superintendent - fees.

Section 3916.06 | Required disclosures with application.

Section 3916.07 | Viatical settlement provider - duties - confidentiality of medical information.

Section 3916.08 | Right to rescind contract after receipt of proceeds.

Section 3916.09 | Independent escrow agent.

Section 3916.10 | Limiting contact with insured after settlement has occurred.

Section 3916.11 | Records - examinations.

Section 3916.12 | Annual statement - financial statements.

Section 3916.13 | Permitted disclosures.

Section 3916.14 | Examination by superintendent.

Section 3916.15 | Prohibitions.

Section 3916.16 | Conditions permitting entering into viatical settlement contract within two-year period commencing with date of issuance of insurance policy or certificate.

Section 3916.17 | Advertising of viatical settlement contracts.

Section 3916.171 | Fraudulent viatical settlement acts prohibited.

Section 3916.172 | Transactions in furtherance of stranger-originated insurance void.

Section 3916.173 | Trusts to give appearance of insurable interest illegal.

Section 3916.18 | Prohibiting fraudulent acts.

Section 3916.19 | Injunctions.

Section 3916.20 | Rules.

Section 3916.21 | Prohibition.

Section 3916.99 | Penalty.

For full print and download access, please subscribe at https://www.trellis.law/.

Please wait a moment while we load this page.