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2019 Statute
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40-2d12. In the event of a regulatory action level event, the commissioner shall: (a) Require the health organization to prepare and submit an RBC plan or, if applicable, a revised RBC plan; (b) perform such examination or analysis as the commissioner deems necessary of the assets, liabilities and operations of the health organization including a review of its RBC plan or revised RBC plan; and (c) subsequent to the examination or analysis, issue a corrective order specifying such actions as the commissioner determines are required. |
History: L. 2000, ch. 147, § 13; July 1. |
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