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2010 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3916: VIATICAL SETTLEMENTS MODEL ACT
3916.04 Broker deemed to represent viator - fiduciary duty.

3916.04 Broker deemed to represent viator - fiduciary duty.

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.

Effective Date: 10-05-2001

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