Okla. Stat. tit. 36, § 36-6952: Nonprofit health maintenance organizations

A. Nonprofit charitable and benevolent health maintenance

organization corporations may hereafter be organized under the laws

of the State of Oklahoma for the purpose of establishing,

maintaining and operating a nonprofit health maintenance

organization by complying with the provisions of this act.

B. Existing Oklahoma-licensed domestic health maintenance

organizations may amend their corporate organizational documents to

become nonprofit health maintenance organization corporations

pursuant to the provisions of this act, which shall entitle them to

all rights, obligations and provisions of this act. Existing

Oklahoma-licensed domestic health maintenance organizations that

amend their corporate organizational documents to become nonprofit

health maintenance organization corporations shall continue to exist

without interruption in business, licenses, certifications or other

continuity.

C. The Oklahoma Insurance Commissioner may first approve the

amended Certificate of Incorporation and the amended Business Plan

of an existing Oklahoma-licensed domestic health maintenance

organization subject to Section 3 of this act.