Sec. 380.4. Annual statements

(a) Each licensed viatical settlement company or viatical settlement broker must file with the Department of Financial Services on or before March 1st of each year an annual statement (in duplicate) in a form designated as the “Viatical Settlement Company Blank” or “Viatical Settlement Broker Blank”.

(b) The Department of Financial Services shall furnish each company and broker with one copy of the designated statement blank. The contents or the statement blank designated shall be subject to amendment or change from year to year.

(c) As part of such blank, each viatical settlement company shall file an experience exhibit in a form as designated by the superintendent, setting forth the company's experience for the past calendar year for each case viaticated during the year or where a viator's death has occurred during the year but the policy or certificate was viaticated in a prior year.