Violation of act

Act 107 of 2002, § 13, under VIATICAL SETTLEMENTS ACT.

Act 107 of 2002, § 13

Section 13. Violation of act.

(a) Unfair practices.--A violation of this act shall be considered a violation of the act of July 22, 1974 (P.L.589, No.205), known as the Unfair Insurance Practices Act.

(b) Unlicensed practice.--A person who, without an appropriate license, engages in the business of viatical settlements in this Commonwealth as a viatical settlement provider or viatical settlement broker commits a felony of the third degree.