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Me. Rev. Stat. tit. 24-A, § 6803-A

Fiduciary obligation of settlement producer

Known as the Viatical and Life Settlements Act

The act spans §§ 6801 to 6819 (24 sections).

PL 2009, c. 376, §6 (NEW).

Irrespective of the manner in which the settlement producer is compensated, a settlement producer may represent only the interests of the viator and owes a fiduciary duty to the viator.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.