| 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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