South Dakota Codified Laws 58-41-25. Fiduciary responsibilities to enrollees
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Any director, officer, or partner of a health maintenance organization who receives, collects, disburses, or invests funds in connection with the activities of such organization shall be responsible for such funds in a fiduciary relationship to the enrollees.
Terms Used In South Dakota Codified Laws 58-41-25
- Fiduciary: A trustee, executor, or administrator.
Source: SL 1974, ch 321, § 17.