§33-13C-5. Approval of viatical settlement contracts and
(a) A person shall not use a viatical settlement contract form
or provide a disclosure statement form to a viator in this state
unless it has been filed with and approved by the commissioner.
The commissioner shall disapprove a viatical settlement contract
form, disclosure statement form or any provision contained therein
if, in the commissioner's opinion, the contract, disclosure form or
any provision contained therein fail to meet the requirements of
section eight, ten, thirteen or fourteen of this article, is
unreasonable, is contrary to the interests of the public or is
otherwise misleading or unfair to the viator. At the
commissioner's discretion, the commissioner may require the
submission of advertising material.
(b) Forms required to be filed are subject to the provisions
of section eight, article six of this chapter and shall be deemed
"forms for noncommercial insurance". The commissioner shall
establish fees for form filings by rule, including emergency rule.