Florida Statutes
Fla. Stat. § 626.99295 (2025)
Grace period.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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626.99295 Grace period.—Any person who, on July 1, 2005, is effectuating a viatical settlement purchase agreement made before July 1, 2005, under provisions of law in effect before such date, which viatical settlement purchase agreement was not registered pursuant to chapter 517, must proceed within 30 days after July 1, 2005, to conclude all viatical settlement purchase transactions in progress, provided, if funds have not been matched with a viaticated policy, such funds, or any unmatched portion of such funds, shall be returned to the viatical settlement purchaser within 30 days after July 1, 2005. The provider may not solicit, negotiate, advertise, or effectuate new viatical settlement purchase agreements after July 1, 2005.
Notes of Decisions
Cited in 1
case, 2015–2015 · leading case: McCloskey v. Dep't of Fin. Servs., 172 So. 3d 973 (Fla. 5th DCA 2015).
McCloskey v. Dep't of Fin. Servs., 172 So. 3d 973 (Fla. 5th DCA 2015). “The new law included a thirty-day grace period for individuals with life insurance licenses to complete any pending viatical transactions.”
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