Pennsylvania Code § 40-6127

Dissolution or liquidation.
Open in Lexace · Ask the AI about this section
No hospital plan corporation shall be dissolved under the provisions of Title 15 (relating to corporations and unincorporated associations) or under any other provision of law except with the prior approval of the department. Articles of dissolution for a hospital plan corporation filed in the Department of State, whether pursuant to a decree of court liquidating the corporation or otherwise, shall not be effective unless and until approved by the Insurance Department. Any dissolution or liquidation of a hospital plan corporation shall be under the supervision of the department, which shall have all powers with respect thereto granted to it under laws of this Commonwealth governing the dissolution or liquidation of insurance companies.
CHAPTER 63
PROFESSIONAL HEALTH SERVICES PLAN
CORPORATIONS
Subchapter
A. Preliminary Provisions and Certification
B. Regulation Generally
2022 Partial Repeal. Section 11(2)(iv) of Act 146 of 2022 provided that Chapter 63 is repealed insofar as it is inconsistent with Act 146.
SUBCHAPTER A
PRELIMINARY PROVISIONS AND CERTIFICATION
Sec.
6301. Application of chapter.
6302. Definitions.
6303. Statement of legislative findings and policy.
6304. Certification of professional health service corporations.
6305. Initial reserves.
6306. Standards concerning incorporators.
6307. Exemptions applicable to certificated professional health service corporations.
6308. Uncertificated plans prohibited.
6309. Penalties.
6310. Enforcement.

‹ Prev All Pennsylvania sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.