Current through Chapter 226 of the 2024 Legislative Session
Section 626.992 - Use of licensed viatical settlement providers, viatical settlement brokers, and registered life expectancy providers required(1) A licensed viatical settlement provider may not use any person to perform the functions of a viatical settlement broker as defined in this act unless such person holds a current, valid life agent license and has appointed himself or herself in conformance with this chapter.(2) A viatical settlement broker may not use any person to perform the functions of a viatical settlement provider as defined in this act unless such person holds a current, valid license as a viatical settlement provider.(3) A person may not operate as a life expectancy provider unless such person is registered as a life expectancy provider pursuant to this act.(4) A viatical settlement provider, viatical settlement broker, or any other person in the business of viatical settlements may not obtain life expectancies from a person who is not registered as a life expectancy provider pursuant to this act. s.11, ch. 96-336; s.4, ch. 99-212; s.41, ch. 2002-206; s.21, ch. 2005-237; s.146, ch. 2020-2.Amended by 2020 Fla. Laws, ch. 2, s 146, eff. 5/12/2020.