Any health care corporation organized under this chapter and engaged in a health care plan may contract with any agency, instrumentality, or political subdivision of the United States of America or of this state to furnish health care services and in aid of said contract, may accept and administer in trust funds made available by the agency, instrumentality, or political subdivision and, further, any health care corporation may subcontract with any organization which has contracted with any agency, instrumentality, or political subdivision of the United States of America or of this state for the furnishing of medical, hospital, and other health care services, by which subcontract the health care corporation undertakes to furnish the services required by the basic contract.
For definitions, see section 33-20-3.