58-65-1. Regulation and definitions; application of other laws; profit and foreign corporations prohibited. (a) Any corporation organized under the general corporation laws of the State of North Carolina for the purpose of maintaining and operating a nonprofit dental, health care, medical, or vision service plan whereby dental, health care, medical, or vision care or services […]
58-65-1.1. Definitions applicable to this Article. The following definitions apply in this Article: (1) Dental service plan. – A contract for the provision of, or the payment of fees for, dental care or dental services, including any other professional services authorized or permitted to be provided by a duly licensed dentist. (2) Full-service corporation. – […]
58-65-10. Premium or dues paid. (a) Any premium or dues charged by a corporation regulated under the provisions of this Article and Article 66 of this Chapter may be paid by the employer, employee, principal, or agent. The term "employer" as used in this section includes counties, municipal corporations, and all departments or subdivisions of […]
58-65-100. Statements filed with Commissioner. Every service corporation subject to this Article is subject to G.S. 58-2-165. (1941, c. 338, s. 9; 1999-244, s. 11.)
58-65-105. Visitations and examinations. Service corporations subject to this Article shall be examined under G.S. 58-2-131, 58-2-132, 58-2-133, and 58-2-134. (1941, c. 338, s. 10; 1995, c. 360, s. 2(l); 1999-244, s. 5.)
58-65-110. Expenses. All acquisition expenses in connection with the solicitation of subscribers to a dental, health care, medical, or vision service plan and administration costs including salaries paid to officers of the corporations, if any, shall at all times be subject to inspection by the Commissioner of Insurance. (1941, c. 338, s. 11; 1943, c. […]
58-65-115. Licensing and regulation of agents. Every agent of any service corporation authorized to do business in this State under this Article is subject to the licensing provisions of Article 33 of this Chapter and all other provisions in this Chapter applicable to life and health insurance agents. (1941, c. 338, s. 12; 1943, c. […]
58-65-120. Dental, health care, medical, and vision service associations and agent to transact business through licensed agents only. No dental, health care, medical, or vision service association, nor any agent of the association, shall on behalf of the association or agent knowingly permit any person not licensed as an agent as required by law, to […]
58-65-125. Revocation and suspension of license; unfair trade practices. (a) The Commissioner may revoke or suspend the license of any service corporation if: (1) The service corporation fails or refuses to comply with any law, order, or rule applicable to the service corporation. (2) The service corporation’s financial condition is unsound. (3) The service corporation […]
58-65-130. Amendments to certificate of incorporation. Any corporation subject to the provisions of this Article and Article 66 of this Chapter may hereafter amend its charter in the following manner only: (1) a. A meeting of the board of directors, trustees or other governing authority shall be called in accordance with the bylaws specifying the […]
58-65-131. Findings; definitions; conversion plan. (a) Intent and Findings. – It is the intent of the General Assembly by the enactment of this section, G.S. 58-65-132, and G.S. 58-65-133 to create a procedure for a hospital service corporation to convert to a stock accident and health insurance company or stock life insurance company that is […]
58-65-132. Review and approval of conversion plan; new corporation. (a) Approval of Plan of Conversion. – The Commissioner shall approve the plan of conversion and issue a certificate of authority to the new corporation to transact business in this State only if the Commissioner finds all of the following: (1) The plan of conversion meets […]
58-65-133. Creation and operation of foundation. (a) Creation. – A Foundation shall be created to receive the fair market value of the corporation as provided in G.S. 58-65-132(a)(7) when the corporation converts. (b) Purpose. – The charitable purpose of the Foundation shall be to promote the health of the people of North Carolina. For a […]
58-65-135. Cost plus plans. (a) Any corporation organized under the provisions of this Article and Article 66 of this Chapter shall be authorized as agent of any other corporation, firm, group, partnership, or association, or any subsidiary or subsidiaries thereof, municipal corporation, State, federal government, or any agency thereof, to administer on behalf of such […]
58-65-145. Preexisting hospital service corporations. No corporations organized under the laws of this State prior to the ratification of this Article and Article 66 of this Chapter, for the purposes herein provided, shall be required to reincorporate as provided for herein, and the provisions of this Article and Article 66 of this Chapter shall apply […]
58-65-15. Incorporation. Any number of persons not less than seven, desiring to form a nonprofit hospital service corporation, shall incorporate under the provisions of the general laws of the State of North Carolina governing corporations, but subject to the following provisions: (1) The certificate of incorporation of each such corporation shall have endorsed thereon or […]
58-65-150. Construction of Chapter as to single employer plans; associations exempt. (a) Nothing in this Article and Article 66 of this Chapter shall be construed to affect or apply to dental, health care, medical, or vision service plans which limit their membership to employees and the immediate members of the families of the employees of […]
58-65-155. Merger or consolidation, proceedings for. (a) Mergers and Consolidations Allowed. – Any two or more hospital service corporations organized under or subject to the provisions of this Article and Article 66 of this Chapter, as determined by the Commissioner of Insurance may be (i) merged into one of the constituent corporations, designated as the […]
58-65-165. Commissioner of Insurance determines corporations exempt from this Article and Article 66 of this Chapter. The Commissioner of Insurance may require from any corporation writing dental, health care, medical, or vision service contracts or any or all of them, any information that will enable the Commissioner to determine whether the corporation is subject to […]
58-65-166. Policy statement and definitions. (a) It is the public policy of this State to enable corporations organized under this Chapter to attract and maintain responsible, qualified directors, officers, employees, and agents, and, to that end, to permit corporations organized under this Chapter to allocate the risk of personal liability of directors, officers, employees, and […]
