Me. Stat. tit. 24 § 2301-A

Current through 131st (2023-2024) Legislature Chapter 684

Section 2301-A - Continuity of licensure; business combinations

When a health maintenance organization authorized pursuant to Title 24-A, chapter 56 merges or consolidates with a nonprofit hospital, medical or health care service organization and operations of the surviving entity include those of a health maintenance organization, the surviving entity succeeds on a continuing basis to the authority possessed by the merging entities if: [1993, c. 702, Pt. A, §2(NEW).]

1.Plan approved. The Superintendent has approved the plan of merger or consolidation pursuant to Title 24-A, section 4203;

[1993, c. 702, Pt. A, §2(NEW).]

2.Entity financially qualified. The entity is financially qualified pursuant to the provisions of Title 24-A, sections 410 and 4204-A; and

[1993, c. 702, Pt. A, §2(NEW).]

3.Entity otherwise qualified. The entity is otherwise qualified pursuant to this Title and Title 24-A, chapter 56.

[1993, c. 702, Pt. A, §2(NEW).]

24 M.R.S. § 2301-A

1993, c. 702, §A2 (NEW) .