Broker deemed to represent viator - fiduciary duty

Ohio Rev. Code Ann. § 3916.04, under Chapter 3916 | Viatical Settlements Model Act.

Ohio Rev. Code Ann. § 3916.04

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.