{"data":{"id":"us-me/24-m.r.s.-2301-a","jurisdiction":"us-me","citation":"24 M.R.S. §2301-A","heading":"Continuity of licensure; business combinations","body":"When a health maintenance organization authorized pursuant to Title 24‑A, chapter 56 merges or consolidates with a nonprofit hospital, medical or health care service organization and operations of the surviving entity include those of a health maintenance organization, the surviving entity succeeds on a continuing basis to the authority possessed by the merging entities if:\n1.  Plan approved.  The Superintendent has approved the plan of merger or consolidation pursuant to Title 24‑A, section 4203;\n2.  Entity financially qualified.  The entity is financially qualified pursuant to the provisions of Title 24‑A, sections 410 and 4204‑A; and\n3.  Entity otherwise qualified.  The entity is otherwise qualified pursuant to this Title and Title 24‑A, chapter 56.","path":["TITLE 24: INSURANCE","CHAPTER 19: NONPROFIT HOSPITAL OR MEDICAL SERVICE ORGANIZATIONS","SUBCHAPTER 1: GENERAL PROVISIONS"],"source_url":"https://legislature.maine.gov/statutes/24/title24sec2301-A.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:33Z","sha256":"ba96a17a87349698da25f11852531bc4c4b57c952208c109f25c29941beb3a16","source_id":"us-me","stale":false,"prev":"us-me/24-m.r.s.-2301","next":"us-me/24-m.r.s.-2302"},"notice":"GroundRules: Original legal text. Not legal advice."}