Fiduciary duties of viatical settlement brokers

Ind. Code § 27-8-19.8-8.7, under Viatical Settlements.

Ind. Code § 27-8-19.8-8.7

Sec. 8.7. A viatical settlement broker: (1) represents only the viator; and (2) owes a fiduciary duty to the viator to act according to the viator's instructions and in the best interest of the viator; regardless of the manner in which the viatical settlement broker is compensated. As added by P.L.32-1998, SEC.12.