Any director, officer or partner of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of such organization shall be responsible for such funds in a fiduciary relationship to the enrollees.
N.C. Gen. Stat. § 58-67-45
Fiduciary responsibilities
Known as the Health Maintenance Organization Act
The act spans §§ 58–58 (47 sections).
1977, c. 580, s. 1; 1979, c. 876, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.