Volume 799, Page 2517 View pdf image |
ROBERT L. EHRLICH, JR., Governor Ch. 356 (3) THE COMMISSIONER SHALL APPROVE AN AMENDMENT TO THE 14-133. (c) (1) A nonprofit health service plan shall submit a statement of proposed (i) create, acquire, or invest in an affiliate or subsidiary in order to (ii) alter the structure, organization, purpose, or ownership of the (iii) make an investment exceeding $500,000; or (iv) make an investment in an affiliate or subsidiary. (2) The nonprofit health service plan shall file the statement of proposed (3) The nonprofit health service plan may not engage in a proposed action (4) The Commissioner shall either approve or disapprove the proposed (5) THE COMMISSIONER SHALL APPROVE A STATEMENT OF PROPOSED 14-139. (a) An officer, director, or employee of a corporation operating under this (1) willfully violate a provision of this article or a regulation adopted (2) willfully misrepresent or conceal a material fact in a statement, (3) willfully misrepresent a material fact to the board of directors; (4) misappropriate or fail to account properly for money that belongs to (5) engage in fraudulent or dishonest practices in connection with the - 2517 -
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Volume 799, Page 2517 View pdf image |
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