Corporations subject to the provisions of this subtitle may enter into contracts for the rendering of hospital services, medical-surgical services, and other health services on behalf of any of their subscribers with hospitals maintained by the state, or by any of its political subdivisions, or maintained by a nonprofit corporation organized for hospital purposes, or with other corporations, associations, partnerships, or individuals furnishing hospital services, medical-surgical services, or other health services. Nothing contained in this subtitle shall require any corporation to contract or remain under contract with any individual, hospital, physician, or other purveyor of health services; nor shall any employee, agent, officer, director or trustee of any corporation influence or seek to influence any subscriber in the choice or selection of a contracting hospital or contracting physician, or any other contracting purveyor of health service.
Effective: June 18, 1970

Terms Used In Kentucky Statutes 304.32-080

  • agent: includes managing general agent unless the context requires otherwise. See Kentucky Statutes 304.9-085
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Trustee: A person or institution holding and administering property in trust.

History: Created 1970 Ky. Acts ch. 301, subtit. 32, sec. 8, effective, effective June 18,
1970.

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