South Carolina Statutes
§ 38-33-70 — Fiduciary relationship in handling of funds.
Any director, officer, employee, or partner of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of an organization is responsible for the funds in a fiduciary relationship to the organization.
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South Carolina § 38-33-70 (Fiduciary relationship in handling of funds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Former 1976 Code SECTION 38-25-70 [1984 Act No. 512, Part II, SECTION 32] recodified as SECTION 38-33-70 by 1987 Act No. 155, SECTION 1; 1987 Act No. 83, SECTION 1 (amendment to former 1976 Code SECTION 38-25-70 transferred to SECTION 38-33-70 by 1987 Act No. 155, SECTION 24]; 1993 Act No. 181, SECTION 633.
Nearby Sections
15
§ 38-33-10
Short title.§ 38-33-110
Complaint procedures; reports; malpractice claims; applicability of Freedom of Information Act.§ 38-33-120
Investment of funds.§ 38-33-160
Operation of health maintenance organization by insurance company; contracts for cost of care.§ 38-33-190
Rehabilitation, liquidation, or conservation of a health maintenance organization; priorities.§ 38-33-20
Definitions.§ 38-33-200
Implementation of regulations.§ 38-33-220
Fees.