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: Securities Law Prof Blog

STATS not Illegal under Rhode Island Insurance Law, Judge Rules

By Securites Lawprof

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A variation on the viatical settlement scam has turned up: A recent federal district court recently considered the legality of stranger-initiated annuity transactions, or STATs and held that they were not illegal under relevant state insurance law that require that...

Full post as published by Securities Law Prof Blog on June 13, 2010 (boomark / email).

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