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§ 14-111. Authorized activities of corporation under certificate of authority

West's Annotated Code of MarylandInsuranceEffective: October 1, 2008

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 14. Entities that Act as Health Insurers
Subtitle 1. Nonprofit Health Service Plans (Refs & Annos)
Part II. Certificates of Authority (Refs & Annos)
Effective: October 1, 2008
MD Code, Insurance, § 14-111
§ 14-111. Authorized activities of corporation under certificate of authority
Currentness
Subject to the authority of the Commissioner to regulate nonprofit health service plans under this article, a certificate of authority issued under this subtitle authorizes a corporation to:
(1) issue contracts in the form filed with the Commissioner to persons that become subscribers to the plan;
(2) finance capital improvement projects through the Maryland Health and Higher Educational Facilities Authority as provided under Title 10, Subtitle 3 of the Economic Development Article;
(3) finance capital improvement projects through the Maryland Economic Development Corporation as provided under Title 10, Subtitle 1 of the Economic Development Article; and
(4) partner with the State and other public or private entities to provide services or administer programs intended to address community health care needs.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2003, c. 356, § 1, eff. May 22, 2003; Acts 2003, c. 357, § 1, eff. May 22, 2003; Acts 2008, c. 307, § 1, eff. Oct. 1, 2008.
Formerly Art. 48A, § 355.
MD Code, Insurance, § 14-111, MD INSURANCE § 14-111
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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