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Session Laws, 1997
Volume 795, Page 926   View pdf image
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Ch. 35

1997 LAWS OF MARYLAND

(5) EACH CONTRACT MADE BETWEEN A DENTIST AND THE DENTAL
PLAN ORGANIZATION;

(6) EACH CONTRACT MADE BETWEEN A DENTIST AND AN INDIVIDUAL
LISTED IN ITEM (4) OF THIS SUBSECTION, A CONSULTANT, OR A BUSINESS MANAGER;

(7) A DESCRIPTION OF THE DENTAL PLAN ORGANIZATION AND ITS
DENTAL PLAN OR PLANS, FACILITIES, AND PERSONNEL;

(8) THE FORM OF EVIDENCE OF COVERAGE TO BE ISSUED TO
ENROLLEES;

(9) THE FORM OF EACH GROUP CONTRACT THAT IS ISSUED TO
EMPLOYERS, UNIONS, TRUSTEES, OR OTHERS;

(10) A FINANCIAL STATEMENT THAT DETAILS THE ASSETS, LIABILITIES,
AND SOURCES OF FINANCIAL SUPPORT FOR THE DENTAL PLAN ORGANIZATION OR,
IF THE FINANCIAL AFFAIRS ARE AUDITED BY AN INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANT, A COPY OF THE MOST RECENT REGULAR CERTIFIED FINANCIAL
STATEMENT, UNLESS THE COMMISSIONER DETERMINES THAT ADDITIONAL OR
MORE RECENT FINANCIAL INFORMATION IS REQUIRED FOR THE PROPER
ADMINISTRATION OF THIS SUBTITLE;

(11) THE PROPOSED METHOD OF MARKETING THE DENTAL PLAN, A
FINANCIAL PLAN WITH A 3-YEAR PROJECTION OF THE INITIAL OPERATING
RESULTS, AND A STATEMENT OF THE SOURCES OF WORKING CAPITAL AND ANY
OTHER SOURCES OF FUNDING;

(12) IF A DENTAL PLAN ORGANIZATION IS NOT DOMICILED IN THE
STATE, AN EXECUTED POWER OF ATTORNEY THAT APPOINTS THE COMMISSIONER
AS ATTORNEY FOR SERVICE OF PROCESS ISSUED AGAINST THE DENTAL PLAN
ORGANIZATION IN THE STATE;

(13) A DESCRIPTION OF THE GEOGRAPHIC AREA TO BE SERVED BY THE
DENTAL PLAN ORGANIZATION; AND

(14) ANY OTHER INFORMATION THAT THE COMMISSIONER REQUIRES.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 583(c) and (d).

In subsection (a)(1) of this section, the reference to filing an application "with
the Commissioner" is added for clarity.

In subsection (b)(1) of this section, the former reference to "other applicable
documents" that are to be included as basic organizational documents to be
filed with an application for a certificate of authority is deleted as surplusage.

In subsection (b)(4) of this section, the reference to "individuals" who are
responsible for conducting the affairs of the dental plan organization is
substituted for the former reference to "persons" because members of boards
or committees, principal officers, and partners or members are individuals.
Consequently, in subsection (b)(6) of this section, the reference to a contract

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Session Laws, 1997
Volume 795, Page 926   View pdf image
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