Okla. Stat. tit. 36, § 36-6906: Receipt, collection, disbursement or investment of funds

- Fiduciary relationship - Fidelity bond or insurance.

A. A director, officer, employee 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 to

the organization.

B. A health maintenance organization shall maintain in force a

fidelity bond or fidelity insurance on such employees, officers,

directors and partners in an amount that is not less than Two

Hundred Fifty Thousand Dollars ($250,000.00) for each health

maintenance organization, or a maximum of Five Million Dollars

($5,000,000.00) in aggregate maintained on behalf of health

maintenance organizations owned by a common parent corporation, or

the sum prescribed by the Insurance Commissioner.