§ 58-67-25. Deposits. - North Carolina Statutes

§ 58‑67‑25. Deposits.

(a)        The Commissionershall require a minimum deposit of five hundred thousand dollars ($500,000) forall full service medical health maintenance organizations or such higher amountas he deems necessary for the protection of enrollees.

(b)        The Commissionershall require a minimum deposit of twenty‑five thousand dollars ($25,000)for all single service health maintenance organizations or such higher amountas he deems necessary for the protection of enrollees.

(c)        All depositsrequired by this section shall be administered in accordance with theprovisions of Article 5 of this Chapter. (1987, c. 631, s. 3; 2005‑215, s. 18.)