Florida Statutes Section 626.99295 - Grace Period. (Fla. Stat. § 626.99295)

626.99295 Grace period.—Any person who, on July 1, 2005, is effectuating a viatical settlement purchase agreement made before July 1, 2005, under provisions of law in effect before such date, which viatical settlement purchase agreement was not registered pursuant to chapter 517, must proceed within 30 days after July 1, 2005, to conclude all viatical settlement purchase transactions in progress, provided, if funds have not been matched with a viaticated policy, such funds, or any unmatched portion of such funds, shall be returned to the viatical settlement purchaser within 30 days after July 1, 2005. The provider may not solicit, negotiate, advertise, or effectuate new viatical settlement purchase agreements after July 1, 2005.

History.—s. 13, ch. 2000-344; s. 1060, ch. 2003-261; s. 32, ch. 2005-237.

Section: Previous  626.9922  626.9923  626.9924  626.99245  626.9925  626.9926  626.9927  626.99272  626.99275  626.99278  626.9928  626.99285  626.99287  626.99295  

Last modified: September 23, 2016