Section 27-8-19.8-5 - "Viatical settlement provider" defined(a) As used in this chapter, "viatical settlement provider" means a person, other than a viator, that:(1) enters into a viatical settlement contract with a viator; or(2) obtains financing for the purchase, acquisition, transfer, or other assignment of one (1) or more viatical settlement contracts, viaticated policies, or interests in such a contract or policy, or otherwise sells, assigns, transfers, pledges, hypothecates, or disposes of one (1) or more viatical settlement contracts, viaticated policies, or interests in such a contract or policy.(b) The term does not include any of the following:(1) A bank, savings bank, savings association, credit union, or other licensed lending institution that takes an assignment of a life insurance policy as collateral for a loan.(2) The issuer of a life insurance policy that makes a policy loan, permits surrender of the policy, or pays other policy benefits, including accelerated benefits, in accordance with the terms of the policy.Amended by P.L. 136-2018,SEC. 199, eff. 7/1/2018.As added by P.L. 130-1994, SEC.47 and P.L. 116-1994, SEC.70. Amended by P.L. 32-1998, SEC.5; P.L. 79-1998, SEC.32.