§6218. Financial and organizational disclosure statements
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).]
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).