Article58. Life Insurance and Viatical Settlements  


Part 1. General Provisions
§ 58-58-1. Definitions; requisites of contract
§ 58-58-5. Industrial life insurance defined
§ 58-58-10. Credit life insurance defined
§ 58-58-15. Any type of survivorship fund in life insurance contract prohibited
§ 58-58-20. Tie-in sales with life insurance prohibited
§ 58-58-22. Individual policy standard provisions
§ 58-58-23. Standard provisions for annuity and pure endowment contracts
§ 58-58-25. Policies to be issued to any person possessing the sickle cell trait or hemoglobin C trait
§ 58-58-30. Soliciting agent represents the company
§ 58-58-35. Discrimination between insurants forbidden
§ 58-58-40. Misrepresentations of policy forbidden
§ 58-58-42. Repealed by Session Laws 2001-436, s. 5
Part 2. Financial Provisions
§ 58-58-45. Financial Provisions
§ 58-58-50. Standard Valuation Law
§ 58-58-55. Standard nonforfeiture provisions
§ 58-58-60. Repealed by Session Laws 2003-144, s. 2, effective October 1, 2004
§ 58-58-61. Standard nonforfeiture law for individual deferred annuities
§ 58-58-65. Reinsurance of companies regulated
Part 3. Insurable Interests and Other Rights
§ 58-58-70. Insurable interest as between stockholders, partners, etc
§ 58-58-75. Insurable interest in life and physical ability of employee or agent
§ 58-58-80. Insurable interest in life and physical ability of partner
§ 58-58-85. Insurable interest in life of person covered by pension plan
§ 58-58-86. Insurable interest of charitable organizations
§ 58-58-90. Construction
§ 58-58-95. Rights of beneficiaries
§ 58-58-97. Provision of life insurance information upon notification of insured's death
§ 58-58-100. Minors may enter into insurance or annuity contracts and have full rights, powers and privileges thereunder
§ 58-58-105. Renunciation
§ 58-58-110. Interest payments on death benefits
§ 58-58-115. Creditors deprived of benefits of life insurance policies except in cases of fraud
§ 58-58-120. Notice of nonpayment of premium required before forfeiture
Part 4. Miscellaneous Provisions
§ 58-58-125. Minimum premium rates for assessment life insurance companies
§ 58-58-130. Distribution of surplus in mutual companies
§ 58-58-135. "Group life insurance" defined
§ 58-58-140. Group life insurance standard provisions
§ 58-58-141. Portability of group life insurance
§ 58-58-145. Group annuity contracts defined; requirements; issuance of individual certificates
§ 58-58-146. Application for annuities required
§ 58-58-147. Surrender fees on death benefits
§ 58-58-150. Employee life insurance defined
§ 58-58-155. Assignment of interest in group policies and annuity contracts
§ 58-58-160. Voting power under policies of group life insurance
§ 58-58-165. Exemption from execution
§ 58-58-170. Contestability after reinstatement
§§ 58-58-175 through 58-58-195. Reserved for future codification purposes
Part 5. Viatical Settlements
§ 58-58-200. Short title
§ 58-58-205. Definitions
§ 58-58-210. License requirements
§ 58-58-215. License revocation and denial
§ 58-58-220. Approval of viatical settlement contracts and disclosure statements
§ 58-58-225. Reporting requirements and privacy
§ 58-58-230. Examinations
§ 58-58-235. Record retention requirements
§ 58-58-240. Investigative authority of the Commissioner
§ 58-58-245. Disclosure
§ 58-58-250. General rules
§ 58-58-255. Prohibited practices
§ 58-58-260. Advertising for viatical settlements
§ 58-58-265. Fraudulent viatical settlement acts, interference, and participation of convicted felons prohibited
§ 58-58-267. Fraud warning required
§ 58-58-268. Viatical settlement antifraud initiatives
§ 58-58-270. Report to Commissioner
§ 58-58-275. Reporting and investigation of suspected viatical settlement fraudulent acts; immunity from liability
§ 58-58-280. Confidentiality
§ 58-58-285. Other law enforcement or regulatory authority
§ 58-58-290. Injunctions; civil remedies; cease and desist orders
§ 58-58-295. Unfair trade practices
§ 58-58-300. Authority to adopt rules
§ 58-58-305. Jurisdictional limitations
§ 58-58-310. Effective date
Part 6. Dishonest and Predatory Sales to Military Personnel
§ 58-58-320. Purpose
§ 58-58-325. Scope
§ 58-58-330. Exemptions
§ 58-58-335. Definitions
§ 58-58-340. Practices declared false, misleading, deceptive, or unfair on a military installation
§ 58-58-345. Practices declared false, misleading, deceptive, or unfair regardless of location
§ 58-58-350. Procedures and sanctions