Conn. Gen. Stat. § 38a-465o
Life settlement broker deemed to represent only the owner. Fiduciary duty to owner
Connecticut · General Statutes of Connecticut Chapter 700b — Life Insurance, Annuities, Burial Contracts and Life Settlements · Status: effective
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- Citation
- Conn. Gen. Stat. § 38a-465o, Life settlement broker deemed to represent only the owner. Fiduciary duty to owner, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2202286
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Full text
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.