Fiduciary responsibilities

Va. Code Ann. § 38.2-4305
in effect
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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 the organization shall be responsible for the funds in a fiduciary relationship with the subscribers and enrollees. 1980, c. 720, § 38.1-868; 1986, c. 562.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-4305/Fetched: 10/16/2026

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