Section 14-414 - Limitation on use of income.
§ 14-414. Limitation on use of income.
A dental plan organization may not use more than 50% of its gross contract and certificate income in any fiscal year for general operating expenses, acquisition expenses, and miscellaneous taxes, licenses, and fees.
[An. Code 1957, art. 48A, § 591; 1997, ch. 35, § 2.]