"Fiduciary duty"
Ind. Code § 27-1-25.5-1
in effectSec. 1. As used in this chapter, "fiduciary duty" includes the duty to:
(1) act with loyalty and care in the best interest of the plan sponsor;
(2) ensure that all fees, costs, and commissions are reasonably and fully disclosed;
(3) avoid self-dealing and conflicts of interest; and
(4) maintain transparency in all financial and contractual arrangements related to the plan sponsor's health insurance coverage, including prescription drug benefits.
As added by P.L.69-2025, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026