WILLIAM DONALD SCHAEFER, Governor Ch. 610
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect January 1, 1987[. It shall remain effective for a
period of three years and, at the end of January 1, 1990, and
with no further action required by the General Assembly, this Act
shall be abrogated and of no further force and effect].
SECTION 2. AND BE IT FURTHER ENACTED, That the changes made
to Article 48A, §§ 170 and 344E of the Code, as enacted by this
Act and Chapter 516 of the Acts of the General Assembly of 1986
as amended by this Act, shall remain effective for a period of 4
years and, at the end of June 30, 1993, and with no further
action required by the General Assembly, the changes made by this
Act and Chapter 516 of the Acts of the General Assembly of 1986
as amended by this Act, to Article 48A, §§ 170 and 344E of the
Code shall be abrogated and of no further force and effect.
SECTION 3. AND BE IT FURTHER ENACTED, That the Insurance
Commissioner, by appropriate administrative action, shall permit
any insurance agent who fails to satisfy the continuing education
requirement enacted by Chapter 516 of the Acts of the General
Assembly of 1986 by June 30, 1989, to have an additional period
of time not to exceed 45 days to satisfy the insurance agent's
continuing education requirement for the renewal period ending
June 30, 1989.
SECTION 4. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.
Approved May 25, 1989.
CHAPTER 610
(Senate Bill 758)
AN ACT concerning
Health Maintenance Organizations - Rehabilitation and Insolvency
FOR the purpose of authorizing the Insurance Commissioner to take
certain actions as a rehabilitator or liquidator of a health
maintenance organization under certain circumstances;
providing for the continuation of benefits to subscribers
and enrollees of insolvent health maintenance organizations
under certain circumstances; specifying that certain claims
and expenses incurred by the Commissioner as a receiver of a
health maintenance organization be considered expenses for
the administration of the receivership plan and have
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