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Code · North Carolina · Chapter 58 — Insurance

§ 58-93-45. Fiduciary responsibilities.

49 words·~1 min read·/nc/chapter-58/58-93-45

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§ 58-93-45. Fiduciary responsibilities.
Any director, officer, trustee, manager, or partner of a PHP who receives, collects, disburses, or invests funds in connection with the activities of the PHP shall be responsible for those funds in a fiduciary relationship to the enrollees and to the State. (2018-49, s. 1(a).)
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