Ch. 357
2003 LAWS OF MARYLAND
(II) INITIATE AN ACTION IN CIRCUIT COURT FOR APPROPRIATE
RELIEF TO REMEDY THE UNSOUND OR UNSAFE BUSINESS PRACTICE, INCLUDING
THE REMOVAL OF AN OFFICER OR DIRECTOR OF THE NONPROFIT HEALTH SERVICE
PLAN.
(3) IN THE COURSE OF ANY INVESTIGATION CONDUCTED BY THE
ATTORNEY GENERAL, THE ATTORNEY GENERAL MAY:
(I) SUBPOENA WITNESSES;
(II) ADMINISTER OATHS;
(III) EXAMINE AN INDIVIDUAL UNDER OATH;
(IV) COMPEL PRODUCTION OF RECORDS, BOOKS. PAPERS,
CONTRACTS, AND OTHER DOCUMENTS; AND
(V) OBTAIN ALL NECESSARY ASSISTANCE FROM THE
ADMINISTRATION.
14-126.
(a) (1) A corporation subject to this subtitle may not amend its certificate of
incorporation, bylaws, or the terms and provisions of contracts issued or proposed to
be issued to subscribers to the plan until the proposed amendments have been
submitted to and approved by the Commissioner and the applicable fees required by
§ 2-112 of this article have been paid.
(2) A corporation subject to this subtitle may not change the table of
rates charged or proposed to be charged to subscribers for a form of contract issued or
to be issued for health care services until the proposed change has been submitted to
and approved by the Commissioner.
(3) THE COMMISSIONER MAY NOT APPROVE AN AMENDMENT TO THE
ARTICLES OF INCORPORATION OR BYLAWS UNDER PARAGRAPH (1) OF THIS
SUBSECTION UNLESS THE COMMISSIONER DETERMINES THE AMENDMENT IS IN THE
PUBLIC INTEREST.
14-133.
(c) (1) A nonprofit health service plan shall submit a statement of proposed
action to the Commissioner before the plan may:
(i) create, acquire, or invest in an affiliate or subsidiary in order to
control the affiliate or subsidiary;
(ii) alter the structure, organization, purpose, or ownership of the
plan or an affiliate or subsidiary of the corporation;
(iii) make an investment exceeding $500,000; or
(iv) make an investment in an affiliate or subsidiary.
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