9289

(a) A limited health service organization shall maintain in force a fidelity bond in its own name on its officers and employees in an amount not less than fifty thousand dollars ($50,000) or in any other amount prescribed by the Commissioner.\n(b) In lieu of the bond requirement, a limited health service organization may deposit with the Commissioner cash, securities or other investments of the types set forth in § 9285 of this title. Such deposit shall be in the amount required for a bond.\nHistory —Aug. 29, 2011, No. 194, added as § 16.190 on Aug. 23, 2012, No. 203, § 2, eff. 90 days after Aug. 23, 2012.