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Reports and examinations - 40 Pa. Cons. Stat. § 6331Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 6331. Reports and examinations.
(a) Annual report.--Every professional health service
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, summarizing its financial
activities during the preceding calendar year, and showing its
financial condition at the end of that year. Such statement
shall be in such form, and shall contain such matters, as the
department shall prescribe.
(b) Examination and special reports.--Every professional
health service corporation shall be subject to examination not
less frequently than once in 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 for the professional health services
of the corporation, and all health service doctors registered
with the corporation, and all other persons having or having had
substantial part in the work of the corporation, in relation to
its affairs, transactions, and financial condition. Such
examination shall be made at such times as the department shall
deem necessary. The department may, at any time, without making
such examination, call on any such corporation for a written
report, authenticated by at least two of its principal officers,
concerning the financial affairs and status of the corporation.
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Last modified: November 27, 2007 |