Connecticut Statutes
§ 38a-465o — Life settlement broker deemed to represent only the owner. Fiduciary duty to owner.
Connecticut § 38a-465o
JurisdictionConnecticut
Title 38aInsurance
Ch. 700bLife Insurance, Annuities, Burial Contracts and Life Settlements
This text of Connecticut § 38a-465o (Life settlement broker deemed to represent only the owner. Fiduciary duty to owner.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Conn. Gen. Stat. § 38a-465o (2026).
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.
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Legislative History
(P.A. 03-152, S. 13; P.A. 08-175, S. 16.) History: P.A. 08-175 replaced “viatical settlement” with “life settlement” and made conforming changes.
Nearby Sections
15
§ 38a-1000
Applicability.§ 38a-1001
Definitions.§ 38a-1005
Examination of group. Costs.§ 38a-1006
Group board of trustees.§ 38a-1011
Taxes.Cite This Page — Counsel Stack
Bluebook (online)
Connecticut § 38a-465o, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/38a-465o.