The Act subjects viatical transactions to governance by the securities office of the Secretary of State. The Act clarifies that the securities office has the legal authority to deal with issues arising under viatical instrument transactions.
Nicole M. Segneri,
COMMERCE AND TRADE Viatical Investments: Regulate Viatical Investments by Changing Provisions Relating to Securities Exempt from Registration and to Change Certain Provisions Relating to Unlawful Practices,
Ga. St. U. L. Rev.
Available at: https://readingroom.law.gsu.edu/gsulr/vol19/iss1/33