Legislation

Search OpenLegislation Statutes

Viewing most recent revision (from 2014-09-22)

SECTION 176.65

Life settlement fraud in the first degree

Penal (PEN) CHAPTER 40, PART 3, TITLE K, ARTICLE 176

§ 176.65 Life settlement fraud in the first degree.

A person is guilty of life settlement fraud in the first degree when
he or she commits a fraudulent life settlement act and thereby
wrongfully takes, obtains or withholds, or attempts to wrongfully take,
obtain or withhold property with a value in excess of one million
dollars.

Life settlement fraud in the first degree is a class B felony.