Ch. 357                                    2003 LAWS OF MARYLAND

the Insurance Commissioner to make certain approvals unless the Insurance
Commissioner determines approval is not in the public interest; limiting the
compensation that certain individuals may approve or receive from the assets of
a certain corporation; requiring a certain board committee to develop certain
guidelines and requiring the board to submit the guidelines to the Insurance
Commissioner for approval, provide a copy of the guidelines to certain
individuals, and adhere to the guidelines in compensating certain individuals;
requiring the Insurance Commissioner to review certain guidelines and
compensation and issue a certain order prohibiting payment of certain
compensation under certain circumstances; providing that the approval or
receipt of certain remuneration is a violation of a certain provision of law and is
an unsound or unsafe business practice; increasing the maximum civil penalty
for violations of certain provisions of law by certain officers, directors, and
employees; establishing a Joint Nonprofit Health Service Plan Oversight
Committee; establishing the composition of the Committee; providing for the
appointment of co-chairmen and for staff assistance for the Committee;
requiring the Committee to undertake a certain examination and evaluation to
meet certain goals; requiring the Committee to submit a certain annual report in
a certain manner and on or before certain dates; specifying when a certain
determination made by a certain regulating entity is effective; ratifying a certain
determination by the Insurance Commissioner; providing for the termination of
the terms of certain board members, the replacement of certain board members,
and staggering of the terms of certain board members; prohibiting the acquisition
of a certain nonprofit health service plan within a certain period of time;
providing for the application of certain provisions of law to certain compensation
agreements; prohibiting a member of the board of directors of a certain
corporation from serving on the board after removal from the board; stating the
intent of the General Assembly to encourage a certain nonprofit health service
plan to participate in certain public programs; requiring a certain nonprofit
health service plan to work with certain persons, conduct a certain study, and
report to certain committees of the General Assembly on or before a certain date;
requiring the Insurance Commissioner to make a certain determination
regarding whether conduct identified in a certain order issued by the Maryland
Insurance Administration violates certain provisions of the Insurance Article;
requiring the Insurance Commissioner to take certain action based on a certain
determination; requiring the Insurance Commissioner to report on a certain
determination on or before a certain date to certain persons; requiring the
Insurance Commissioner to make certain recommendations and report on or
before a certain date to certain persons; requiring the Office of the Attorney
General to make a certain determination regarding whether conduct identified in
a certain order issued by the Maryland Insurance Administration violates
certain provisions of federal or State law; requiring the Office of the Attorney
General to report to the General Assembly certain determinations and
recommendations on or before a certain date; making the provisions of this Act
severable; providing for the termination of certain provisions of this Act; making
this Act an emergency measure; and generally relating to nonprofit health
service plans.

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