Miss. Code § 83-7-211

Current through 6/1/2024
Section 83-7-211 - Annual statement to be filed with Commissioner; identity of viator not to be disclosed except under certain conditions
(1) Each viatical settlement provider issued a license under Sections 83-7-201 through 83-7-223 shall file with the commissioner on or before March 1 of each year an annual statement containing such information as the commissioner by rule may prescribe.
(2) Except as otherwise allowed or required by law, a viatical settlement provider, viatical settlement representative, viatical settlement broker, insurance company, insurance agent, insurance broker, information bureau, rating agency or company, or any other person with actual knowledge of a viator's identity, shall not disclose that identity as a viator to any other person unless the disclosure:
(a) Is necessary to effect a viatical settlement between the viator and a viatical settlement provider and the viator has provided prior written consent to the disclosure;
(b) Is provided in response to an investigation by the commissioner or any other governmental officer or agency; or
(c) Is a term of or condition to the transfer of a viaticated policy by one viatical settlement provider to another viatical settlement provider.

Miss. Code § 83-7-211

Laws, 2000, ch. 323, § 6, eff. 7/1/2000.