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. (1977, c. 580, s. 1; 1979, c. 876, s. 1.)

Terms Used In North Carolina General Statutes 58-67-45

  • Fiduciary: A trustee, executor, or administrator.