Connecticut General Statutes Title 38A. Insurance § 38a-465o. Life settlement broker deemed to represent only the owner. Fiduciary duty to owner
Current as of June 28, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Notwithstanding the manner in which the life settlement broker is compensated, a life settlement broker is deemed to represent only the owner and owes a fiduciary duty to the owner to act according to the owner's instructions and in the best interest of the owner.
Cite this article: FindLaw.com - Connecticut General Statutes Title 38A. Insurance § 38a-465o. Life settlement broker deemed to represent only the owner. Fiduciary duty to owner - last updated June 28, 2021 | https://codes.findlaw.com/ct/title-38a-insurance/ct-gen-st-sect-38a-465o/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?