§ 8-605. Fiduciary duty of viatical settlement broker to viator
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 8-605
§ 8-605. Fiduciary duty of viatical settlement broker to viator
(a) Notwithstanding 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.
Credits
Added by Acts 2004, c. 275, § 1, eff. Oct. 1, 2004.
MD Code, Insurance, § 8-605, MD INSURANCE § 8-605
Current with legislation effective through October 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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