| applicant is acting or has acted in violation of this chapter or | rules adopted under this chapter. The expenses incurred in | conducting an examination must be paid by the licensee or | applicant. |
|
| | 1-A.__Examinations.__The superintendent may conduct | examinations in accordance with this subsection. |
|
| A.__The superintendent may conduct an examination under this | chapter of a licensee as often as the superintendent in the | superintendent's sole discretion considers appropriate. |
|
| B.__For purposes of completing an examination of a licensee | under this chapter, subject to the provisions of section | 6806, the superintendent may examine or investigate any | person, or the business of any person, insofar as the | examination or investigation is, in the sole discretion of | the superintendent, considered necessary or material to the | examination of the licensee. |
|
| C.__In lieu of an examination under this chapter of any | foreign or alien licensee licensed in this State, the | superintendent may, at the superintendent's discretion, | accept an examination report on the licensee as prepared by | the superintendent of insurance for the licensee's state of | domicile or port-of-entry state. |
|
| | 2. Confidential information. Names and individual | identification data for all viators are confidential information | and may not be disclosed by the superintendent unless required by | law. |
|
| | 3. Records. Records of all viatical settlement transactions | must be maintained by the settlement provider licensee and, | subject to the provisions of section 6806, must be available to | the superintendent for 3 years after policy maturity for | inspection during reasonable business hours in accordance with | this subsection. |
|
| A.__A settlement provider required to be licensed by this | chapter shall retain for 5 years copies of all: |
|
| (1)__Proposed, offered or executed settlement | contracts, settlement purchase agreements, underwriting | documents, policy forms and applications from the date | of the proposal, offer or execution of the settlement | contract or settlement purchase agreement, whichever is | later; |
|
|