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Reports and examinations - 40 Pa. Cons. Stat. § 6125Legal Research Home > Pennsylvania Statutes
§ 6125. Reports and examinations.
(a) Annual report.--Every hospital plan corporation shall on
or before March 1 of each year, file with the department a
statement, verified by at least two of the principal officers of
the corporation showing its condition at the end of the
preceding calendar year. Such statement shall be in such form,
and shall contain such matters, as the department shall
prescribe.
(b) Examination.--Every hospital plan corporation shall be
subject to examination not less frequently than every three
years by the department and its agents, who shall have free
access to all the books, records, papers and documents that
relate to the business of the corporation, and the power to
examine the officers, agents, employees and subscribers to the
nonprofit hospital plan of the corporation, under oath, in
relation to the affairs, transactions and financial condition of
the corporation. Such examinations shall be made at such times
as the department shall deem necessary.
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Last modified: November 27, 2007 |