(a) It is a violation of this subchapter for any person, provider, broker, or any other party related to the business of life settlements to commit a fraudulent life settlement act.
(b) For criminal liability purposes, a person that commits a fraudulent life settlement act is guilty of committing insurance fraud and shall be subject to the penalty provisions under ยง 23-66-512.
Section: Previous 23-81-805 23-81-806 23-81-807 23-81-808 23-81-809 23-81-810 23-81-811 23-81-812 23-81-813 23-81-814 23-81-815 23-81-816 23-81-817 23-81-818 NextLast modified: November 15, 2016