2005 Idaho Code - 41-3428 — JOINT OPERATIONS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 34
                      HOSPITAL AND PROFESSIONAL SERVICE
                                 CORPORATIONS
    41-3428.  JOINT OPERATIONS. (1) A hospital service corporation and a
professional service corporation may operate under joint management for the
purpose of reducing operating costs.
    (2)  Separate records and accounts shall be kept for each such
corporation, and the funds and assets of one shall not be commingled with
those of the other; except that funds received from a joint billing to
subscribers may be deposited in a common bank account for purposes of
collection, if the records of each corporation at all times show the amount of
such funds belonging to each and if final distribution of the funds is made to
each corporation within thirty (30) days from receipt of payment of such joint
billing.

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