Skip to Content
The 192nd General Court of the Commonwealth of Massachusetts

Search Results for: life settlement

Search

General Court

Search Results Table

Showing results 1 to 25 of about 95 results.
Follow Category Result Detail
Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 213 License requirement for life settlement providers and life settlement brokers

that the producer is acting as a life settlement broker and the producer shall pay the ... training related to the business of life settlements and life settlement transactions ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 223A Fraudulent life settlement acts

the owner; (7) with respect to a life settlement contract or insurance policy and a life settlement provider, knowingly enter into a life settlement contract with ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 220 Required disclosures by life settlement providers and brokers

to be settled; (17) that a life settlement broker represents exclusively the owner and not the insurer, the life settlement provider or any other person and that the ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 214 Suspension, revocation or refusal of renewal of life settlement provider or life settlement broker license

been entered by the court; (6) the life settlement provider has entered into a life settlement contract using a form that has not ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 222 General rules relating to life settlement contracts

of the policy pursuant to a life settlement contract, the life settlement provider shall pay the proceeds of the life settlement contract to an escrow or trust account ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 219 Advertising by life settlement broker or provider

or (3) with respect to a life settlement provider, enter into a life settlement contract unless the related advertisements, as may ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 216 Annual statement of life settlement provider

transaction data regarding the business of life settlements or information that there is a reasonable ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 215 Approval of life settlement contract form and disclosure statement form

the transfer of a policy under a life settlement contract, require that the owner, insured, life settlement provider or life settlement broker sign any form, disclosure, consent ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 217 Disclosure by life settlement provider, broker, insurance company, etc., of individual identification data of insured

may have a financial interest in the life settlement contract other than a licensed life settlement provider, licensed life settlement broker, financing entity, related provider ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 223B Control, prevention and reporting of fraud relating to life settlement contracts

(a)(1) A person shall not ... not engaged in the business of life settlements having knowledge or a reasonable belief that a fraudulent life settlement act is being, will be or has been ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 218 Examination of business and affairs of life settlement provider, broker or applicant

(b) For a foreign or alien ... Records of all completed transactions and life settlement contracts shall be maintained by the life settlement provider for 3 years after the death ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 212 Definitions applicable to Secs. 212 to 223E

has an agreement in writing with a life settlement provider to finance the acquisition of a life settlement contract; provided, however, that ''financing entity ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 223 Conflict of laws

laws or adopted regulations governing life settlement contracts shall be governed in the effectuation of that life settlement contract by the laws and regulations of the ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 223D Penalties

is found guilty of committing a fraudulent life settlement act, that person shall also be guilty of ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 223C Remedies for violations of Secs. 213 to 223E

(a) If a person violates any ... sections 213 to 223E, inclusive, to a life settlement contract in which a party to the life settlement contract is a resident of the commonwealth

Not followable in MyLegislature. General Law Part III Title II Chapter 231C Section 2 Transfers of structured settlement payment rights

or indirect transfer of structured settlement payment rights shall be effective, and no structured settlement obligor or annuity issuer shall be ...

Bill H.1221 An Act relative to unclaimed life insurance benefits

by bill, House, No. 1221) of Tackey Chan relative to unclaimed life insurance benefits ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 190C Mass marketed life or health insurance; nonresident insurers; compliance with state laws

Any insurer extending mass marketed life or health insurance under a group or blanket ... to advertising and to claims settlement practices; and (2) shall, upon request of the ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 145 Cash surrender value of policies of industrial life insurance

nineteen hundred and eleven, by a domestic life company on which premiums are paid weekly ... a surrender value and upon which a settlement has not been made, the company shall send a ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 9 Computation of reserve liability or net value of life company with respect to policies or contracts

and one-half per cent per annum; but any life company may at any time elect to have the ... as the case may be, and any life company receiving premiums by weekly payments may elect ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 146B Massachusetts Life and Health Insurance Guaranty Association Law

to and cited as the ''Massachusetts Life and Health Insurance Guaranty Association Law ... respect to multiple non-group policies of life insurance owned by 1 owner, whether the ...

Not followable in MyLegislature. General Law Part I Title XXII Chapter 175 Section 132 Policies of life or endowment insurance; form and content; commissioner's approval

No policy of life or endowment insurance and no annuity, survivorship annuity or pure ... interest on any overdue premium, may be taken from the face of the policy in settlement ...

Not followable in MyLegislature. General Law Part II Title III Chapter 209 Section 25 Antenuptial settlements; force and effect

At any time before marriage, the parties may make a written contract providing that ... husband or wife an estate in fee or for life in the whole or any part of the property, and ...

Hearing Insurance Matters Wednesday, October 20, 2021, 11:00 AM Virtual Hearing
Not followable in MyLegislature. General Law Part I Title XXII Chapter 176 Section 41 Reports; annual statements

are authorized for use by domestic life insurers and approved by the commissioner:— (a) For certificates of life insurance — American Men Ultimate Tables of ...