(c) All members of the professional association, or all of any class or classes of
members determined by conditions pertaining to their employment or membership in
the professional association or both, are eligible for insurance under a policy issued in
accordance with this section.

(d) (1) The trustees shall pay the premium for the policy:

(i) wholly from funds contributed by the professional association;

or

(ii) partly from funds contributed by the professional association
and partly from funds contributed by the insured members.

(2) The premiums may be paid by the insured members specifically for
their insurance if:

(i) the policy is issued to the trustees of a professional association;

and

(ii) the total number of individuals covered at date of issue who
elect to make the required contribution, other than those who have evidence of
individual insurability that is unsatisfactory to the insurer, exceeds the lesser of 600
or 75% of the eligible members.

(3) A policy on which no part of the premium is paid from funds
contributed by the insured members specifically for their insurance must insure:

(i) all eligible members; or

(ii) all eligible members other than those who have evidence of
individual insurability that is unsatisfactory to the insurer.

(e) The policy must cover at least 100 members at date of issue.

(f) The amounts of insurance under the policy must be based on a plan that
precludes individual choice by the members or by the trustees.]

17-204.

(A) (1) SUBJECT TO THE REQUIREMENTS OF THIS SECTION, A POLICY MAY
BE ISSUED TO AN ASSOCIATION OR TO A TRUST OR TO THE TRUSTEES OF A FUND
ESTABLISHED, CREATED, OR MAINTAINED FOR THE BENEFIT OF MEMBERS OF ONE
OR MORE ASSOCIATIONS.

(2) THE ASSOCIATION OR ASSOCIATIONS:

(I) SHALL HAVE AT THE OUTSET A MINIMUM OF 100 PERSONS;

(II) SHALL HAVE BEEN ORGANIZED AND MAINTAINED IN GOOD
FAITH FOR PURPOSES OTHER THAN THAT OF OBTAINING INSURANCE;

(III) SHALL HAVE BEEN IN ACTIVE EXISTENCE FOR AT LEAST 2

YEARS; AND