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2013 Idaho Statutes
Title 41 - INSURANCE
Chapter 37 - IDAHO HOSPITAL LIABILITY TRUST ACT
Section 41-3721 - TERMINATION OF REGISTRATION.


ID Code § 41-3721 (2013) What's This?

41-3721. Termination of registration. (1) The director shall terminate the registration of a hospital trust upon written request of the trustee, or if he finds, after an examination, that the trust fund is insolvent.

(2) The director may terminate the registration of a hospital trust for violation of this act, or failure of the trustee to file the annual statement with the director and pay the tax within the time required under sections 41-3713 and 41-3714, Idaho Code, or if he finds, after an examination of the trust fund and the hospital trust:

(a) That the hospital trust no longer meets the qualifications required by section 41-3707, Idaho Code, and that the deficiency will not or cannot be remedied within a reasonable time;
(b) That as a matter of frequent practice, claims are not being fairly and promptly paid;
(c) That the cost of administering the hospital trust is excessive in relation to the character and volume of service being rendered in the administration; or
(d) That the trust fund has been subject to fraudulent or dishonest practices on the part of the trustee, administrator, consultant, or any member thereof.

(3) The director shall so terminate the registration by his written order given to the trustee last of record and to each member last of record. The order shall state the grounds upon which made and its effective date. The order shall be subject to judicial review in the same manner as applies to official orders of the director in general.


History:

[41-3721, added 1977, ch. 204, sec. 2, p. 565.]

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