Organization subject to enabling act; financial records.

Sec. 8. An organization which provides or administers health care benefits or coverage under a prudent purchaser agreement shall remain subject to all of the provisions of its enabling act. An organization shall maintain financial records for its prudent purchaser agreements and activities in a form separate or separable from the financial records of other operations and activities carried on by the organization. History: 1984, Act 233, Eff. Dec. 20, 1984