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This entry was published on 2014-09-22
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SECTION 176.55
Life settlement fraud in the third degree
Penal (PEN) CHAPTER 40, PART 3, TITLE K, ARTICLE 176
§ 176.55 Life settlement fraud in the third degree.

A person is guilty of life settlement fraud in the third 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 fifty thousand
dollars.

Life settlement fraud in the third degree is a class D felony.