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In addition to meeting other requirements for agents under AS 45.55 and this chapter, a sales agent who is registered to sell viatical settlement interests shall
(1) clearly and affirmatively disclose the nature of the return or the duration of time to obtain the return of any investment related to one or more viatical settlements sold by a viatical settlement provider or other seller whom the agent represents; and
(2) provide the disclosure documents required under 3 AAC 08.710(a) (5)-(6) to the purchaser in a timely manner.
History: Eff. 4/20/2000, Register 154
Authority: AS 45.55.030
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Last modified 7/05/2006