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- Title
DAKOTACARE Approves Class C Stock Redemption and Reserve Payment.
- Abstract
The article reports on the approval of a redemption of Class C stock and payment of contingency reserve balances to physicians by the board of directors health insurance company DAKOTACARE in 2014. It reveals that about $2.3 million in contingency reserve balance previously withheld were distributed on January 10. It mentions that a redemption of additional shares of Class C stock under the redemption plan approved by shareholders in October 2011 was also approved by the board.
- Subjects
DAKOTACARE (Company); ACCOUNTING for contingencies; STOCKS (Finance); PHYSICIANS; BOARDS of directors
- Publication
South Dakota Medicine, 2014, Vol 67, Issue 2, p85
- ISSN
0038-3317
- Publication type
Article