Effective: October 5, 2001
Latest Legislation: House Bill 551 - 123rd General Assembly
(A) No person shall fail to comply with this chapter.
(B) Whoever violates division (A) of this section is deemed to have engaged in an unfair and deceptive act or practice in the business of insurance under sections 3901.19 to 3901.26 of the Revised Code.
Structure 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 3916.17 | 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.