Any corporation subject to the provisions of this subtitle may contract with any agency,
instrumentality, or political subdivision of the United States, or of this state for
making available hospital, medical-surgical, dental and other health care services,
and in aid or furtherance of such contract may accept, receive, and administer in
trust, funds directly or indirectly made available by any agency, instrumentality,
or political subdivision. Any corporation may also subcontract with any organization which has contracted
with any agency, instrumentality, or political subdivision of the United States, or
of this state, for the furnishing of hospital, medical-surgical, dental, or other
health services by which subcontract the corporation undertakes to furnish the services
specified by the basic contract. Any corporation subject to the provisions of this subtitle may also enter into agreements
or contracts with other similar organizations or corporations licensed to do business
in this state or any other state for the transfer of subscribers or members, for the
reciprocal or joint provision of benefits to the subscribers or members of the corporation
and organizations or such other joint undertakings as the corporation's governing
board may approve.
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