Sec. 1. Any:

(1) director;

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Terms Used In Indiana Code 27-13-5-1

  • Fiduciary: A trustee, executor, or administrator.
(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.

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