                                 CODE OF VIRGINIA

FIDUCIARY RESPONSIBILITIES (§ 38.2-4305)

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.

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