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Current as of January 01, 2024 | Updated by Findlaw Staff
For RBC reports required to be filed by health organizations with respect to 2002, the following requirements shall apply in lieu of the provisions of §§ 31-3451.03, 31-3451.04, 31-3451.05, and 31-3451.06:
(1) In the event of a Company Action Level Event with respect to a domestic health organization, the Commissioner shall take no regulatory action under this chapter.
(2) In the event of a Regulatory Action Level Event as defined under § 31-3451.01(19)(A) through (C), the Commissioner shall take the actions required under § 31-3451.03.
(3) In the event of a Regulatory Action Level Event as defined under § 31-3451.01(19)(D) through (I), or an Authorized Control Level Event, the Commissioner shall take the action required under § 31-3451.04 with respect to the health organization.
(4) In the event of a Mandatory Control Level Event, the Commissioner shall take the action required under § 31-3451.05.
Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 31-3451.13. Transition. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-31-3451-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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