LD 779
pg. 1
LD 779 Title Page An Act To Repeal the Anthem Blue Cross Court Agreement of Disbursement of $88,0... Page 2 of 2
Download Bill Text
LR 919
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
PART A

 
Sec. A-1. Assets turned over to General Fund. By October 1, 2003, the
Maine Health Access Foundation, Inc., the charitable trust
established upon the conversion of Blue Cross and Blue Shield
of Maine pursuant to Public Law 1997, chapter 344, shall
liquidate its assets and transfer those assets to the General
Fund.

 
Sec. A-2. Dissolution of Maine Health Access Foundation. Upon transfer of
its assets to the General Fund, the Maine Health Access
Foundation, Inc. shall dissolve.

 
PART B

 
Sec. B-1. 5 MRSA §194-A, as amended by PL 2001, c. 550, Pt. B,
§1, is repealed.

 
Sec. B-2. 5 MRSA §194-C, sub-§4, as enacted by PL 2001, c. 550, Pt.
A, §2, is amended to read:

 
4. Applicability to nonprofit hospital or medical service
organizations. This section, section 194-B and sections 194-D
to 194-K do not apply to a corporation or other entity
licensed under Title 24, chapter 19. A conversion of a
corporation or other entity licensed under Title 24, chapter
19 is governed by section 194-A and Title 24, section 2301,
subsection 9-D.

 
Sec. B-3. 24 MRSA §2301, sub-§3-C, as enacted by PL 1997, c. 344, §2,
is repealed.

 
Sec. B-4. 24 MRSA §2301, sub-§9-B, ķA, as repealed and replaced by PL
1997, c. 344, §3, is repealed and the following enacted in its
place:

 
A.__A corporation subject to this chapter may become a
mutual insurer under a plan and procedure approved by the
superintendent after a hearing.

 
Sec. B-5. 24 MRSA §2301, sub-§9-D, as amended by PL 2001, c. 550,
Pt. B, §2, is repealed.

 
Sec. B-6. 24 MRSA §2308-A, as enacted by PL 1997, c. 344, §5, is
repealed.

 
Sec. B-7. PL 1997, c. 344, §11 is repealed.


LD 779 Title Page Top of Page Page 2 of 2