ROBERT L. EHRLICH, JR., Governor                             Ch. 356

(iv) each form of contract issued or proposed to be issued to
subscribers to the plan and a table of the rates charged or proposed to be charged to
subscribers for each form of contract;

(v) a financial statement of the corporation, including the amount
of each contribution paid or agreed to be paid to the corporation for working capital,
the name of each contributor, and the terms of each contribution;

(vi) a list of the names and addresses of and biographical
information about the members of the board of directors of the [nonprofit health
service plan] CORPORATION; [and]

(VII) A LIST OF THE TOTAL COMPENSATION PAID OR PROPOSED TO
BE PAID TO EACH OFFICER AND MEMBER OF THE BOARD OF DIRECTORS, DIRECTOR,
OR TRUSTEE OF THE CORPORATION;

(VIII) A LIST OF THE BEGINNING AND ENDING TERMS OF
MEMBERSHIP FOR EACH MEMBER OF THE BOARD OF DIRECTORS OF THE
CORPORATION; AND

[(vii)] (IX) any other information or documents that the
Commissioner considers necessary to ensure compliance with this subtitle.

14-110.

The Commissioner shall issue a certificate of authority to an applicant if:

(1) the applicant has paid the applicable fee required by § 2-112 of this
article; and

(2) the Commissioner is satisfied:

(i) that the applicant has been organized in good faith for the
purpose of establishing, maintaining, and operating a nonprofit health service plan
THAT:

1. IS COMMITTED TO A NONPROFIT CORPORATE

STRUCTURE;

2. SEEKS TO PROVIDE THE MOST AFFORDABLE AND
ACCESSIBLE HEALTH INSURANCE POSSIBLE; AND

3. RECOGNIZES A RESPONSIBILITY TO CONTRIBUTE TO THE
IMPROVEMENT OF THE OVERALL HEALTH STATUS OF MARYLAND RESIDENTS;

                           (ii) that:  

1. each contract executed or proposed to be executed by the
applicant and a health care provider to furnish health care services to subscribers to
the nonprofit health service plan, obligates or, when executed, will obligate each
health care provider party to the contract to render the health care services to which
each subscriber is entitled under the terms and conditions of the various contracts
issued or proposed to be issued by the applicant to subscribers to the plan; and

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