Chapter 19: NONPROFIT HOSPITAL OR MEDICAL SERVICE ORGANIZATIONS
Subchapter 1: GENERAL PROVISIONS
§2305-A. Conditions of certificate of authority
1.Duration. A certificate of authority continues in force as long as the nonprofit hospital or medical service organization is entitled
under this Title and until suspended or revoked by the superintendent or terminated at the organization's request.
[
1997, c. 592, §2 (NEW)
.]
2.Annual fee. The nonprofit hospital or medical service organization shall pay an annual fee, which is the same as for an insurer, as
provided in Title 24-A, section 601.
[
1997, c. 592, §2 (NEW)
.]
3.Reinstatement. Upon payment by the nonprofit hospital or medical service organization of the fee for reinstatement specified in Title 24-A,
section 601, the superintendent may, upon the organization's request made within 3 months after suspension, reinstate a certificate
of authority that the superintendent suspended due to the organization's failure to pay the annual fee. Otherwise the organization
may be granted another certificate of authority only after filing an application and meeting all other requirements as for
an original certificate of authority in this State.
[
1997, c. 592, §2 (NEW)
.]
SECTION HISTORY
1997, c. 592, §2 (NEW).
Data for this page extracted on 10/27/2009 10:21:47.