Section 19-721 - Expiration of certificate of authority. - Maryland Statutes

§ 19-721. Expiration of certificate of authority.
 

(a)  Expiration date.- Unless previously suspended or revoked, each original and renewal certificate of authority issued under this subtitle to a health maintenance organization expires at midnight on the November 30 after its effective date. 

(b)  Continuing authority to operate.- On payment of an annual renewal fee of $25 by the health maintenance organization before the expiration date of its certificate of authority, its certificate remains in effect until a new certificate of authority is issued or specifically refused. 
 

[An. Code 1957, art. 43, § 844; 1982, ch. 21, § 2.]