§ 26.1-17.1-06 — Filing requirements for authorized entities

North Dakota § 26.1-17.1-06

• Jurisdiction: North Dakota
• Title 26.1: Insurance
• Ch. 26.1-17.1: Prepaid Limited Health Service Organizations

Text

1. Any entity authorized pursuant to the laws of this state to operate a health
maintenance organization, an accident and health insurance company, a nonprofit
health, hospital, or medical service corporation, or a fraternal benefit society and which
is not otherwise authorized pursuant to the laws of this state to offer limited health
services on a per capita or fixed prepayment basis may do so by filing for approval
with the commissioner the information requested by subsections 4, 5, 7, 8, 10, 11, 12,
and 15 of section 26.1-17.1-03 and any subsequent material modification or addition
thereto.
2. Following approval by the commissioner of the filing in subsection 1, and upon
application by the entity and surrender of its original certificate of authority, the
commissioner may issue a new certificate of authority under this chapter. The entity
will be subject to the capitalization requirements under its original certificate of
authority and the net equity and deposit provisions of section 26.1-17.1-17 do not
apply.
3. If the commissioner disapproves the filing, the procedures set forth in subsection 2 of
section 26.1-17.1-04 must be followed.