Before initiating a plan, transaction or series of transactions, a life settlement broker or life settlement provider shall fully disclose to an insurer the plan, transaction or series of transactions to which the life settlement broker or life settlement provider is a party, to originate, renew, continue or finance a life insurance policy with the insurer for the purpose of engaging in the business of life settlements at anytime prior to, or during the first five years after, issuance of the policy.
Or. Admin. R. 836-014-0285
Stat. Auth.: ORS 731.244, 744.331, 744.358
Stats. Implemented: ORS 744.326, 744.328, 744.331, 744.341, 744.358, section 12, chapter 711, Oregon Laws 2009