Disclosures to owners

HRS §431C-31, under Chapter 431C.

HRS §431C-31

PART IV. DISCLOSURES AND GENERAL PROCEDURES

[§431C-31] Disclosures to owners. (a) The provider shall provide in writing, in a separate document that is signed by the owner and provider, the following information to the owner no later than the date the life settlement contract is signed by all parties:

(b) The written disclosures, including any affiliations or contractual arrangements between the provider and the broker, shall be conspicuously displayed in any life settlement contract furnished to the owner by a provider.

(c) A broker shall provide the owner and the provider with at least the following disclosures no later than the date the life settlement contract is signed by all parties. The disclosures shall be conspicuously displayed in the life settlement contract or in a separate document signed by the owner and provide the following information: