Section 10-4-106 Certificates of authority; contracts with public.
Section 10-4-106
Certificates of authority; contracts with public.
Every corporation organized under the provisions of this article shall procure from the Commissioner of Insurance a certificate of authority to do business, for which the corporation shall pay the sum of $200.00, and such certificates of authority shall be renewed thereafter on or before the first day of March of each year. The corporation may then enter into contracts with the public, subject to the restrictions contained in this article, for benefits under its health service plan. It shall be the duty of such corporation to enter into contracts with and issue certificates to those of the public who may desire to avail themselves of the benefits of said health service plan and who, under its rules and regulations, make application and are eligible therefor. Such contracts may provide for more than one class of services or benefits, may designate the person or persons, or the class of persons, entitled thereto, may designate the health care facilities and providers which render the services provided for and may specify the charge or dues required to be paid for such services or benefits. No such corporation shall issue or sell any contract until the form of the same has been filed with the Commissioner of Insurance.
(Acts 1935, No. 544, p. 1157; Acts 1936, Ex. Sess., No. 169, p. 199; Code 1940, T. 28, §308; Acts 1945, No. 50, p. 52, §3; Acts 1973, No. 1041, p. 1631, §1.)