(1) No Life Partnership shall be recognized as such under this Chapter unless the members of the Life Partnership have verified the Life Partnership by: (i) filing with the Commission or such other agency with respect to which the Commission has an agreement to administer Life Partnerships a Verification Statement, in the form and manner required by the such agency, which states, on penalty of perjury, that the Life Partnership meets all the provisions of subsection 9-1102(1)(r) (relating to definition of Life Partnership); and (ii) filing with the Commission or such other agency with respect to which the Commission has an agreement to administer Life Partnerships proof that the Life Partners have been interdependent for at least three (3) months prior to the date the Verification Statement is filed, such proof to include at least two of the following:
(a) common ownership of real property or a common leasehold interest in property;
(b) common ownership of a motor vehicle;
(c) driver's licenses or other state-issued identification listing a common address;
(d) proof of joint bank accounts or credit accounts;
(e) proof of designation as a beneficiary for life insurance or retirement benefits, or beneficiary designation under a partner's will;
(f) proof of appointment as attorney-in-fact or agent under a partner's durable power of attorney or health care power of attorney;
(g) proof of common legal guardianship of an adopted, foster or dependent child. 1134
(2) The foregoing requirements of proof for interdependency and verification may be changed or modified by the Commission or such other agency with respect to which the Commission has an agreement to administer Life Partnerships at any time, by regulation.
Notes
1133 | |
1134 | Added, Bill No. 130224 (approved May 8, 2013). |