Ch. 551

1994 LAWS OF MARYLAND

(3)      REDUCE GENERAL INSURANCE AND COMMISSION EXPENSES BY
SPECIFIED METHODS;

(4)      INCREASE THE INSURER'S CAPITAL AND SURPLUS;

(5)      SUSPEND OR LIMIT THE DECLARATION AND PAYMENT OF
DIVIDENDS BY THE INSURER TO ITS STOCKHOLDERS OR POLICYHOLDERS;

(6)      FILE REPORTS IN A FORM ACCEPTABLE TO THE COMMISSIONER
CONCERNING THE MARKET VALUE OF AN INSURER'S ASSETS;

(7)      LIMIT OR WITHDRAW FROM CERTAIN INVESTMENTS OR
DISCONTINUE CERTAIN INVESTMENT PRACTICES TO THE EXTENT THE
COMMISSIONER DEEMS NECESSARY;                                                                                   

(8)      DOCUMENT THE ADEQUACY OF PREMIUM RATES IN RELATION TO
THE RISKS INSURED;. OR

(9)' FILE; IN ADDITION TO REGULAR ANNUAL STATEMENTS, INTERIM
FINANCIAL REPORTS ON THE FORM ADOPTED BY THE NATIONAL ASSOCIATION OF
INSURANCE COMMISSIONERS OR IN ANOTHER FORM REQUIRED BY THE
COMMISSIONER.

(B) SUBJECT TO § 38(1) OF THIS ARTICLE, ANY. INSURER AGGRIEVED BY AN
ORDER OF THE COMMISSIONER UNDER THIS SUBTITLE HAS THE RIGHT TO A
HEARING AND THE RIGHT TO APPEAL FROM THE ACTION OF THE COMMISSIONER
UNDER §§ 35 THROUGH 40 OF THIS ARTICLE.

354.

Any corporation without capital stock heretofore or hereafter organized for the
purpose of establishing, maintaining and operating a nonprofit health service plan
whereby hospital, medical, chiropodial, chiropractic, pharmaceutical, dental,
psychological or optometric care is provided by a hospital, or hospitals, a physician or
physicians, a chiropodist or chiropodists, a chiropractor or chiropractors, a pharmacist or
pharmacists, a dentist or dentists, a duly licensed psychologist or psychologists, or an
optometrist or optometrists, to persons who become subscribers to such plan under
contracts which entitle each subscriber to certain hospital, medical, chiropodial,
chiropractic, pharmaceutical, dental, psychological, or optometric care or any of them,
shall be governed and regulated by:

(1)     The provisions of this subtitle;

(2) Subtitle 2 of this article;               

(3)    Subtitle 5 of this article;

(4.)     Subtitle 6 of this article;

(5)      [Subtitle] SUBTITLES 9A AND 10 of this article;

(6)      Subtitle 11 of this article;

(7)      Subtitle 15 of this article;

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