Va. Code § 38.2-4305

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-4305 - Fiduciary responsibilities

Any director, officer or partner of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of the organization shall be responsible for the funds in a fiduciary relationship with the subscribers and enrollees.

1980, c. 720, § 38.1-868; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1980, § c. 720, §38.1-868.