2006 Georgia Code - 33-59-6

33-59-6. (a) Each life settlement provider shall file with the Commissioner by March first of each year an annual statement containing such information as the Commissioner prescribes by regulation. This information is limited to only those transactions where the seller is a resident of this state and does not include individual transaction data regarding the business of life settlements or data which compromises the privacy of personal, financial, and health information of the seller or insured. (b) Except as otherwise allowed or required by law, a life settlement provider, life insurance producer, information bureau, rating agency or company, or another person with actual knowledge of a selleŕs or insured́s identity may not disclose that identity as a seller or insured or the selleŕs or insured́s financial or medical information to another person unless the disclosure is: (1) Necessary to effect a life settlement contract between the seller and a life settlement provider and the seller or insured or both, as may be required, have provided prior written consent to the disclosure; (2) Provided in response to an investigation or examination by the Commissioner or another governmental officer or agency; (3) A term of or condition to the transfer of a policy by one life settlement provider to another life settlement provider; (4) Necessary to permit a financing entity, related provider trust, or special purpose entity to finance the purchase of policies by a life settlement provider and the seller and insured have provided prior written consent to the disclosure; (5) Necessary to allow the life settlement provider or its authorized representatives to make contacts for the purpose of determining health status; or (6) Required to purchase stop-loss coverage.

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