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§ 6.5-305. Prohibited acts; penalties

West's Annotated Code of MarylandState Government

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 6.5. Attorney General; Acquisition of Nonprofit Health Entities (Refs & Annos)
Subtitle 3. Review Criteria and Penalties (Refs & Annos)
MD Code, State Government, § 6.5-305
§ 6.5-305. Prohibited acts; penalties
Currentness
Revocation or suspension of license
(a) The Secretary of the Department may revoke or suspend a license to operate a hospital in accordance with § 19-327 of the Health-General Article if an acquisition occurs without the approval of the Attorney General.
Acquisition without approval
(b) An acquisition of a nonprofit health service plan or a nonprofit health maintenance organization may not occur without the approval of the Administration.
Operation for profit
(c) A nonprofit health service plan or a nonprofit health maintenance organization may not be operated for profit.
Penalties
(d) If the Commissioner determines that a nonprofit health service plan or a nonprofit health maintenance organization is in violation of subsection (b) or (c) of this section, the Commissioner may, in addition to any other remedies authorized by law, require the following:
(1) the divestiture of the acquisition;
(2) that the entity fully comply with this title;
(3) that the entity file a plan for conversion to a for-profit entity as required under this title;
(4) that the certificate of authority of the entity to operate as a nonprofit health service plan or a nonprofit health maintenance organization in this State be revoked or suspended; or
(5) the payment of a penalty as provided for in § 4-113(d)(1) of the Insurance Article for each violation of subsection (b) or (c) of this section.

Credits

Added by Acts 1998, c. 123, § 1, eff. Oct. 1, 1998; Acts 1998, c. 124, § 1, eff. Oct. 1, 1998.
MD Code, State Government, § 6.5-305, MD STATE GOVT § 6.5-305
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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