| | C. The licensee as a viatical settlement provider | demonstrates unreasonable payments to viators; |
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| | D. The licensee or any officer, partner or key management | personnel of the licensee has been convicted of any felony | of which criminal fraud is an element; or |
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| | E. The licensee has violated any of the provisions of this | chapter or any rules adopted pursuant to this chapter. |
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| | | 1-A.__Superintendent's authority.__The superintendent may | | deny, suspend, revoke or refuse to renew the license of a | | settlement provider if the superintendent finds just cause to do | | so, which may include, but is not limited to, a finding that: |
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| | | A.__There was any material misrepresentation in the | | application for the license or other information submitted | | to the superintendent; |
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| | | B.__The licensee or any officer, partner, director, member | | or key management personnel of the licensee has been | | convicted of fraudulent or dishonest practices, is subject | | to a final administrative action to suspend or revoke a | | settlement provider license or is otherwise shown to be | | untrustworthy or incompetent to act as a settlement | | provider; |
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| | | C.__The licensee as a settlement provider demonstrates an | | unreasonable pattern of payments to viators; |
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| | | D.__The licensee or any officer, partner, director, member | | or key management personnel of the licensee has been found | | guilty of, or has pleaded guilty or nolo contendere to, any | | crime involving fraud or moral turpitude, regardless of | | whether a judgment of conviction has been entered by the | | court; |
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| | | E.__The settlement provider has entered into any settlement | | contract that has not been approved pursuant to this | | chapter; |
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| | | F.__The settlement provider has failed to honor contractual | | obligations set out in a settlement contract; |
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| | | G.__The settlement provider no longer meets the requirements | | for initial licensure; |
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| | | H.__The settlement provider has assigned, transferred or pledged | | a policy acquired pursuant to a settlement contract to a person | | other than a settlement provider licensed in this State, an | | accredited investor or qualified |
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