Oklahoma § 36-6906 - Receipt, collection, disbursement or investment of funds
Full text of Oklahoma Oklahoma Statutes § 36-6906 — Receipt, collection, disbursement or investment of funds, with citation guidance and answers to common questions.
§ 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.
Added by Laws 2003, c. 197, § 6, eff. Nov. 1, 2003. Amended by Laws
2005, c. 129, § 19, eff. Nov. 1, 2005.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-6906
What does Oklahoma Statutes § 36-6906 cover?
Section 36-6906 ("Receipt, collection, disbursement or investment of funds") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 36-6906?
A common citation format is "Oklahoma Statutes § 36-6906" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 36-6906 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.