HB 3659

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Viatical Settlements Disclose

Abstract

Amends the Viatical Settlements Act. Sets forth acts that constitute a fraudulent viatical settlement act. Provides for the regulation of viatical settlement brokers. Establishes additional grounds for revocation or suspension of a license. Requires certain disclosures to be made in connection with viatical settlements. Provides a period of time for revocation after certain disclosures are made. Provides that violations of the Act constitute unfair trade practices subject to disciplinary action under the Illinois Insurance Code.

Bill Sponsors (1)

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Jan 11, 2005

House

Session Sine Die

Mar 13, 2003

House

Rule 19(a) / Re-referred to Rules Committee

Mar 05, 2003

House

Assigned to Executive Committee

Feb 28, 2003

House

Filed with the Clerk by Rep. Frank J. Mautino

House

First Reading

House

Referred to Rules Committee

Bill Text

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