Every provider shall provide to its subscribers within 120 days following the close of its first fiscal year of operation: [PL 1987, c. 482, §1 (NEW).]
1. Statement of financial condition. The most recent certified annual statement of financial condition, including a balance sheet and summary of receipts and disbursements, including notes of that statement;

[PL 1987, c. 482, §1 (NEW).]

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Terms Used In Maine Revised Statutes Title 24-A Sec. 6218

2. Description of structure and operation. A description of the organizational structure and operation of the provider, including the kind and extent of subscriber participation and a summary of any material changes since the issuance of the last report;

[PL 1987, c. 482, §1 (NEW).]

3. Description of services. A description of services and information as to where and how to secure them; and

[PL 1987, c. 482, §1 (NEW).]

4. Method of subscriber complaints. A clear and understandable description of the provider’s method for resolving subscriber complaints.

[PL 1987, c. 482, §1 (NEW).]

On an annual basis, material changes in the information required to be provided pursuant to this section shall be furnished to all subscribers. [PL 1987, c. 482, §1 (NEW).]
SECTION HISTORY

PL 1987, c. 482, §1 (NEW).