ROBERT L. EHRLICH, JR., Governor
Ch. 258
(2) IN DETERMINING WHETHER A HEALTH CARE NONPROFIT HEALTH
ENTITY HAS EXERCISED DUE DILIGENCE AS REQUIRED UNDER PARAGRAPH (1)(I) OF
THIS SUBSECTION, THE APPROPRIATE REGULATING ENTITY MAY NOT DETERMINE
THAT DUE DILIGENCE WAS EXERCISED UNLESS THE HEALTH CARE NONPROFIT
HEALTH ENTITY CONSIDERED THE RISKS OF AN ACQUISITION, INCLUDING
WHETHER AN ACQUISITION:
(I) WOULD RESULT IN DISECONOMIES OF SCALE; OR
(II) WOULD VIOLATE FEDERAL OR STATE ANTITRUST LAWS.
SECTION 2. AND BE IT FURTHER ENACTED, That:
(a) notwithstanding the term limitations established under § 14-115(e)(6) of
the Insurance Article, an individual who is a Class I director of a board of a domestic
nonprofit health service plan that is subject to § 14-115 of the Insurance Article and
who was appointed to the board prior to December 31, 2003 and subsequently
reappointed to the board for a 1-year term on January 1, 2004 as the representative of
a foreign nonprofit health service plan of which the domestic nonprofit health service
plan is the sole member, may serve on the board of the domestic nonprofit health
service plan for an additional 1-year term until December 31, 2005;
(b) any replacement of a Class I director described in subsection (a) of this
section, and any other individual who is elected to the board of a domestic nonprofit
health service plan that is subject to § 14-115 of the Insurance Article, shall be subject
to the term limitations established under § 14-115(e)(6) of the Insurance Article; and
(c) the provisions of subsection (a) of this section shall be limited to and affect
no more than two of the Class I directors described in subsection (a) of this section.
SECTION 2. 3. AND BE IT FURTHER ENACTED, That this Act shall take
effect June 1, 2004.
Approved May 11, 2004.
CHAPTER 258
(Senate Bill 242)
AN ACT concerning
Criminal Procedure - Statute of Limitations - Prosecutions for Criminal
Violation of Insurance Law
FOR the purpose of extending the period within which a prosecution of a
misdemeanor offense under the Insurance Article of the Annotated Code may be
instituted to a certain number of years following the commission of the offense;
establishing a certain exception to a limitation on the prosecution of a certain
fine or penalty under certain circumstances; and generally relating to
limitations on the period of time for instituting prosecutions for certain offenses.
- 959 -
|