A director, officer, member, employee, or partner of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of the health maintenance organization is responsible for the funds in a fiduciary relationship to the enrollees.
Tex. Ins. Code § 843.401
FIDUCIARY RESPONSIBILITY
Known as the Texas Health Maintenance Organization Act
The act spans §§ 843.001 to 843.464 (146 sections).
Applied in 1 court decision — leading case Wooley v. Lucksinger (2009)
Most recently applied in Wooley v. Lucksinger (February 2009)
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.