| Broker Deemed to Represent Viator - Fiduciary Duty.

  1. Law
  2. Ohio Revised Code
  3. | Insurance
  4. | Viatical Settlements Model Act
  5. | Broker Deemed to Represent Viator - Fiduciary Duty.

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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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