18:01: Purpose
The Attorney General promulgates 940 CMR 18.00 relating to Viatical Settlements and Viatical Loans pursuant to his authority in M.G.L. c. 93A, § 2(c). 940 CMR 18.00 is designed to protect Massachusetts consumers seeking Viatical Settlements or Viatical Loans and to ensure that the Viatical Settlement and Viatical Loan industries operate fairly and honestly by means of legitimate and responsible business acts and practices that are neither unfair nor deceptive.
940 CMR, § 18.01