                                 CODE OF VIRGINIA

REPORTING REQUIREMENTS (§ 38.2-6004)

A. A viatical settlement provider shall file with the Commission on or before
March 1 of each year the certification required by subsection E of &#xA7;
38.2-6011 and an annual report containing such information as the Commission may
prescribe by rule or regulation; however, such information shall be limited to
only those transactions where the viator is a resident of this Commonwealth.

B. A viatical settlement provider shall report in writing to the Commission the
following:

   1. New or revised information about its officers, stockholders owning 10
   percent or greater interest in the licensee or an affiliate of the licensee,
   partners, directors, members, or designated employees within 30 calendar days
   of the change;

   2. Any change in business or residence address or name within 30 calendar days
   of the change.

C. A licensed viatical settlement provider convicted of a felony shall report
within 30 calendar days to the Commission the facts and circumstances regarding
the criminal conviction.

HISTORY: 1997, c. 814, § 38.2-5703; 1999, c. 59; 2001, c. 706; 2003, c. 717;
2023, c. 577.