2022 Ohio Revised Code
Title 39 | Insurance
Chapter 3916 | Viatical Settlements Model Act
Section 3916.04 | Broker Deemed to Represent Viator - Fiduciary Duty.

Universal Citation: OH Rev Code § 3916.04 (2022)

Effective: October 5, 2001

Latest Legislation: House Bill 551 - 123rd General Assembly

Irrespective of the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator and owes a fiduciary duty to the viator to act according to the viator's instructions and in the best interest of the viator.

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