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§ 6930. Acquisition of control of health maintenance organization

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 2. Miscellaneous Provisions
Health Maintenance Organization Act of 2003
36 Okl.St.Ann. § 6930
§ 6930. Acquisition of control of health maintenance organization
No person other than the issuer may make a tender for or a request or invitation for tenders of, or enter into an agreement to exchange securities for or acquire in the open market or otherwise, any voting security of a health maintenance organization or enter into any other agreement if, after the consummation thereof, that person would, directly or indirectly, or by conversion or by exercise of any right to acquire be in control of the health maintenance organization. No person may enter into an agreement to merge or consolidate with or otherwise to acquire control of a health maintenance organization, unless, at the time any offer, request or invitation is made or any agreement is entered into, or prior to the acquisition of the securities if no offer or agreement is involved, the person complied with the provisions of Article 16A of the Insurance Code.1

Credits

Laws 2003, c. 197, § 30, eff. Nov. 1, 2003.

Footnotes

Title 36, § 1651 et seq.
36 Okl. St. Ann. § 6930, OK ST T. 36 § 6930
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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