Title 33, Chapter 20, Section 8
( 33-20-8)
(a) Except for corporations subject to this chapter which are
surviving corporations, a health care corporation may issue
contracts only after the Commissioner has authorized it to do so. (b) Every application for a certificate of authority shall be
accompanied by copies of the following documents and information: (1) A certified copy of its charter or certificate of
incorporation; (2) A copy of its bylaws certified by the lawful custodian of the
original; (3) Proposed contracts between the corporation and participating
physicians, participating facilities, or other providers of health
care services showing the terms under which health care service is
to be furnished to subscribers, beneficiaries, and covered
dependents; (4) A statement of the county or counties in which it proposes to
operate health care plans; (5) A statement of its financial condition and business in such
form and detail as the Commissioner may require including the
amounts of contributions paid for working capital, the name or
names of each contributor, and the terms of such contributions
signed and sworn to by its president and secretary or other proper
officers. Contributions not paid, but agreed to be paid, may be
reported as a separate item but shall not be admitted assets of
the corporation; and (6) Such other documents and information as the Commissioner may
reasonably require to be filed. |