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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3916.04 | Broker deemed to represent viator - fiduciary duty.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3916 Viatical Settlements Model Act
 
Effective:
October 5, 2001
Latest Legislation:
House Bill 551 - 123rd General Assembly
PDF:
Download Authenticated PDF
 

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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