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HB 2235: Insurance & Investments

GENERAL BILL by Gay

Insurance & Investments; defines "viatical settlement purchaser," "viatical settlement purchase agreement," & "viatical settlement sales agent"; revises definitions of terms "viatical settlement broker," "viatical settlement contract," "viatical settlement provider," "related provider trust," & "viator"; requires viatical settlement sales agents to be licensed by Insurance Dept.; provides viatical settlement purchase agreement rates are not regulated, etc. Amends Ch. 626.

Effective Date: Upon becoming law
Last Action: 4/30/1999 House - Died in Committee on General Government Appropriations (FRC), Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 1242 (Ch. 99-212)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    4/14/1999 House • Filed
    4/15/1999 House • Introduced, referred to Insurance (CAC); General Government Appropriations (FRC) -HJ 00616
    4/16/1999 House • On Committee agenda-- Insurance (CAC), 04/19/99, 2:30 pm, Reed Hall
    4/19/1999 House • Comm. Action: Unanimously Favorable with 7 amendment(s) by Insurance (CAC) -HJ 00751
    4/20/1999 House • Now in General Government Appropriations (FRC) -HJ 00751
    4/30/1999 House • Died in Committee on General Government Appropriations (FRC), Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 1242 (Ch. 99-212)

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  • HB 2235, Original Filed Version (Current Bill Version) Posted 8/28/2000 at 9:27 AM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) 4/16/1999 (pdf)
    Insurance (Post-Meeting) 4/19/1999 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1242 (e1) Geller Similar Last Action: 5/26/1999 Approved by Governor; Chapter No. 99-212
    Location:

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    626.9911 Definitions.
    626.99181
    626.9919 Notice of change of address or name; provider licensees and broker licensees.
    626.992 Use of licensed brokers and providers required.
    626.9922 Examination.
    626.99235 Disclosures to investors; misrepresentations.
    626.9925 Rules.
    626.9926 Rate regulation not authorized.
    626.9927 Unfair trade practices; cease and desist; injunctions; civil remedy.
    626.99272
    626.99275
    626.99277
    626.9929 Grace period.

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