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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 58-58-267: Fraud warning required.

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Where this section sits in the code
  1. Chapter 58. Insurance.
  2. Article 58. Life Insurance and Viatical Settlements.
  3. Part 5. Viatical Settlements.

(a) Viatical settlement contracts and purchase agreement forms and applications for viatical settlements, regardless of the form of transmission, shall contain the following statement or a substantially similar statement:

"Any person who knowingly presents false information in an application for insurance or viatical settlement contract or a viatical settlement purchase agreement is guilty of a felony and may be subject to fines and confinement in prison."

(b) The lack of a statement as required in subsection (a) of this section does not constitute a defense in any prosecution for a fraudulent viatical settlement act. (2001-436, s. 3.)

Collected 2026-08-27T18:06:53Z. Source file · JSON

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