Sec. 25. The department may adopt rules under IC 4-22-2 to establish standards for evaluating the reasonableness of payments under viatical settlement contracts, including regulation of discount rates used to determine the amount paid in exchange for an assignment, a bequest, a devise, a sale, or a transfer of a benefit under a life insurance policy.
Ind. Code § 27-8-19.8-25
Standards for evaluation of reasonableness of payments under viatical settlement contract
As added by P.L.130-1994, SEC.47 and P.L.116-1994, SEC.70
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.