Delaware Code
Title 18 - Insurance Code
Chapter 75. DELAWARE VIATICAL SETTLEMENTS ACT

§ 7501. Short title. - This chapter may be cited as the “Delaware Viatical Settlements...

§ 7502. Definitions. - As used in this chapter: (1) “Advertising” means any written,...

§ 7503. License and bond requirements. - (a) A person may not operate as a viatical settlement...

§ 7504. License revocation and denial. - (a) The Commissioner may refuse to issue, suspend, revoke or...

§ 7505. Approval of viatical settlements contracts and disclosure statements. - A person may not use a viatical settlement contract form...

§ 7506. Reporting requirements and privacy. - (a) Each viatical settlement provider shall file with the Commissioner...

§ 7507. Examination or investigations. - (a) Authority, scope and scheduling of examinations. — (1) The...

§ 7508. Disclosure to viator. - (a) With each application for a viatical settlement, a viatical...

§ 7509. Disclosure to insurer. - Prior to the initiation of a plan, transaction, or series...

§ 7510. General rules. - (a) A viatical settlement provider entering into a viatical settlement...

§ 7511. Prohibited practices. - (a) It is a violation of this Act for any...

§ 7512. Prohibited practices and conflicts of interest. - (a) With respect to any viatical settlement contract or insurance...

§ 7513. Advertising for viatical settlements. - (a) The purpose of this section is to provide prospective...

§ 7514. Fraud prevention and control. - (a) Fraudulent viatical settlement acts, interference, and participation of convicted...

§ 7515. Injunctions; civil remedies; cease and desist. - (a) In addition to the penalties and other enforcement provisions...

§ 7516. Authority to promulgate regulations. - The Commissioner has the authority to: (1) Promulgate regulations implementing...

§ 7517. Unfair trade practices. - A violation of this Act, including the commission of a...

§ 7518. Nonpreemption of requirements under the Delaware Securities Act. - Nothing in this chapter preempts any provision set forth in...

§ 7519. Severability. - If any portion of this Act or any amendments thereto,...

§ 7520. Effective date. - A viatical settlement provider or viatical settlement broker transacting business...