If the life settlement provider transfers ownership or changes the beneficiary of the insurance policy, the provider shall communicate in writing the change in ownership or beneficiary to the insured within twenty (20) days after the change.
Idaho Code § 41-1959
Notice of change by provider
Known as the Life Settlements Act
The act spans §§ 41–41 (61 sections).
I.C., § 41-1959, as added by 2009, ch. 69, § 1, p. 192.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.