PARRIS N. GLENDENING, Governor                             Ch. 685

357A.

(a) (1) On or before March 1 of each year, a nonprofit health service plan shall
file with the Commissioner a true statement of its financial condition, transactions, and
affairs for the immediately preceding calendar year.

(2) The statement shall:

(i) Contain the information required by the Commissioner; and

(ii) Be certified to by an independent certified public accountant.

(3) [The fee provided for by § 41 of this article shall be submitted at the
same time as the statement.

(4)] Any nonprofit health service plan failing to file the statement required
wider this subsection by March 10 shall forfeit;

(i) $100 for each day up to and including March 10; and

(ii) $150 for each day after March 10 until the statement is filed with
the Commissioner.

[(5)] (4) The Commissioner may extend the time for filing for good cause.

[(6)](5) The penalties provided under paragraph [(4)(i)] (3)(I) of this
subsection do not apply if the nonprofit health service plan has obtained an extension
from the Commissioner for filing the required statement.

(6) IN ORDER TO MAINTAIN A CERTIFICATE OF AUTHORITY, A
NONPROFIT HEALTH SERVICE PLAN SHALL COMPLY WITH THE PROVISIONS OF §§ 41
THROUGH 41G OF THIS ARTICLE.

583.

[(d) On filing an application for a certificate of authority, the dental plan
organization shall pay a fee of $200 to the Commissioner.]

585.

(e)     A certificate of authority shall expire on [June 30] JULY 31 following the date
of issuance or previous renewal. If the dental plan organization remains in compliance
with this subtitle and [has paid a renewal fee of $100] WITH §§ 41 THROUGH 4lG OF
THIS ARTICLE, its certificate shall be renewed.

609.

(f)     The Commissioner [may];

(1) [Require] MAY REQUIRE actuarial studies and audits to determine
each group's financial solvency as often as the Commissioner considers desirable;

(2) [Assess each self-insurance group an annual sum of not more than $500
to be used for the actuarial studies and audits] SHALL REQUIRE THAT, AS A
CONDITION OF THE COMMISSIONER'S APPROVAL OF ITS CONTINUED OPERATION IN

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