A medical director who is a physician employed by a health maintenance organization in this State, which has individuals who have entered into contracts with a health maintenance organization for the provision of health care services, or on whose behalf such an arrangement has been made, shall possess a full and unrestricted license issued by the Board. (Added 1999, No. 133 (Adj. Sess.), § 50; amended 2001, No. 129 (Adj. Sess.), § 22, eff. June 13, 2002.)