{"data":{"id":"us-in/ic-27-1-25.5-1","jurisdiction":"us-in","citation":"IC 27-1-25.5-1","heading":"\"Fiduciary duty\"","body":"Sec. 1. As used in this chapter, \"fiduciary duty\" includes the duty to:\n(1) act with loyalty and care in the best interest of the plan sponsor;\n(2) ensure that all fees, costs, and commissions are reasonably and fully disclosed;\n(3) avoid self-dealing and conflicts of interest; and\n(4) maintain transparency in all financial and contractual arrangements related to the plan sponsor's health insurance coverage, including prescription drug benefits.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 25.5. Fiduciary Duties"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-25.5-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"a0d73dffdf2f9175b9c97cfd4c3f510e517bc1233664fe4a408f948d6e3f9c9e","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-25.1-4","next":"us-in/ic-27-1-25.5-2"},"notice":"GroundRules: Original legal text. Not legal advice."}