§ 22-21-374 — Fees and Taxes; Applicable Insurance Laws

(a) A dental service corporation will pay the prescribed fees and taxes required of a disability insurer.
(b) The following provisions of the insurance laws of this state apply to dental service corporations authorized by this article, to the extent that they are not inconsistent with the provisions herein:
(1) Title 27, Chapters 1 and 2, Administration and General Provisions.
(2) Title 27, Chapter 2B, Risk-Based Capital for Insurers.
(3) Title 27, Chapter 4, Fees and Taxes.
(4) Title 27, Chapter 6, Administration of Deposits.
(5) Title 27, Chapter 12, Unfair Trade Practices.
(6) Title 27, Chapter 32, Insurer Insolvency; Rehabilitation and Liquidation.
(c) The commissioner may by rule modify or waive any requirements referred to in subsection (b) for dental service corporations if that is necessary to avoid unreasonable hardship, expense, or inconvenience and if the interests of subscribers continue to be adequately protected.

Legislative History

(Acts 1982, No. 82-463, p. 741, §15; Act 2014-377, p. 1407, §7.)