Section 31A-23a-117 - Special requirements for life settlement providers and producers(1) A life settlement provider or life settlement producer shall be licensed in accordance with this title, with the additional requirements listed in this section.(2) A life settlement provider shall provide to the commissioner: (a) a detailed plan of operation with the life settlement provider's: (i) initial license application; and(ii) renewal application;(b) a copy of the life settlement provider's most current audited financial statement;(c) an antifraud plan that meets the requirements of Section 31A-36-117; and(d) a bond or other form of assurance of financial responsibility as provided under rules made in accordance with Section 31A-36-119.(3) A life settlement provider shall provide with the life settlement provider's initial license application information describing the life settlement provider's life settlement experience, training, and education.(4) A life settlement provider shall provide to the commissioner, within 30 days after a change occurs, new or revised information concerning any of the following: (b) holders of more than 10% of its stock;(f) designated employees.Amended by Chapter 355, 2009 General Session.