Section 6218 - Financial and organizational disclosure statementsEvery provider shall provide to its subscribers within 120 days following the close of its first fiscal year of operation: [1987, c. 482, §1(NEW).]
1.Statement of financial condition. The most recent certified annual statement of financial condition, including a balance sheet and summary of receipts and disbursements, including notes of that statement; [1987, c. 482, §1(NEW).]
2.Description of structure and operation. A description of the organizational structure and operation of the provider, including the kind and extent of subscriber participation and a summary of any material changes since the issuance of the last report; [1987, c. 482, §1(NEW).]
3.Description of services. A description of services and information as to where and how to secure them; and [1987, c. 482, §1(NEW).]
4.Method of subscriber complaints. A clear and understandable description of the provider's method for resolving subscriber complaints. [1987, c. 482, §1(NEW).]
On an annual basis, material changes in the information required to be provided pursuant to this section shall be furnished to all subscribers. [1987, c. 482, §1(NEW).]
1987, c. 482, § 1 (NEW) .