HEALTH MAINTENANCE ORGANIZATIONS
420-B:5-b New License Required for Changed Conditions.
The commissioner shall require a health maintenance organization to apply for a new certificate in accordance with this chapter, if, after notice and hearing, the commissioner finds that the organization has undergone a substantial change in finances or managerial control since its last application for a certificate. The current certificate shall expire upon approval of the new application or 30 days after the decision of the commissioner that a substantial change has occurred, whichever is sooner.
Source. 1989, 186:2, eff. July 1, 1989.