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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 14. ENTITIES THAT ACT AS HEALTH INSURERS |
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SUBTITLE 1. NONPROFIT HEALTH SERVICE PLANS |
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PART II. CERTIFICATES OF AUTHORITY |
§ 14-111. Scope of certificate of authority
Latest version.
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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.
HISTORY: An. Code 1957, art. 48A, § 355; 1997, ch. 35, § 2; 2003, chs. 356, 357; 2008, ch. 307, § 1.