{"data":{"id":"us-dc/d.c.-code-31-3405","jurisdiction":"us-dc","citation":"D.C. Code § 31-3405","heading":"Fiduciary responsibilities.","body":"(a)\nAny director, officer, employee, 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 organization.\n\n(b)\nA health maintenance organization shall maintain in force a fidelity bond or fidelity insurance on such employees and officers, directors, and partners in an amount not less than $250,000 and not more than $5,000,000.","path":["Title 31. Insurance and Securities.","Chapter 34. Health Maintenance Organizations."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-3405","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"23b1a640275d8a61bbdbaae4227ff7c3bf2322219c20a682021c8f1adca3ea21","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-3404","next":"us-dc/d.c.-code-31-3406"},"notice":"GroundRules: Original legal text. Not legal advice."}