Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
- Search Minnesota Statutes
- About Minnesota Statutes
- 2006 Statutes New, Amended or Repealed
- 2006 Table of Chapters
- 2006 Statutes Topics (Index)
Chapter 60A
Section 60A.973
Topics
Recent History
- 2009 60A.973 Repealed 2009 c 62 s 14
- 1995 60A.973 New 1995 c 151 s 14
This is an historical version of this statute chapter. Also view the most recent published version.
60A.973 ADVERTISING STANDARDS.
Subdivision 1. Generally. Advertising by viatical settlement providers or brokers must be
truthful and not misleading by fact or implication.
Subd. 2. Average time. If the advertiser emphasizes the speed with which the viatication will
occur, the advertising must disclose the average time frame from completed application to the
date of offer and from acceptance of the offer to receipt of the funds by the viator.
Subd. 3. Average purchase price. If the advertising emphasizes the dollar amounts available
to viators, the advertising shall disclose the average purchase prices as a percent of face value
obtained by viators contracting with the advertiser during the previous six months.
History: 1995 c 151 s 14
Subdivision 1. Generally. Advertising by viatical settlement providers or brokers must be
truthful and not misleading by fact or implication.
Subd. 2. Average time. If the advertiser emphasizes the speed with which the viatication will
occur, the advertising must disclose the average time frame from completed application to the
date of offer and from acceptance of the offer to receipt of the funds by the viator.
Subd. 3. Average purchase price. If the advertising emphasizes the dollar amounts available
to viators, the advertising shall disclose the average purchase prices as a percent of face value
obtained by viators contracting with the advertiser during the previous six months.
History: 1995 c 151 s 14
Official Publication of the State of Minnesota
Revisor of Statutes