Indiana Statutes

§ 27-13-5-1 — Persons having fiduciary responsibilities

Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 5 Fiduciary Responsibilities

Any:

(1)director;
(2)officer;
(3)employee; or
(4)partner; of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of the organization has a fiduciary responsibility to the organization for the funds.

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Legislative History

As added by P.L.26-1994, SEC.25.

Nearby Sections

15
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