§36-6560. Expiration of certificate - Renewal.
174 words·~1 min read·
/ok/title-36-insurance/36-6560·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A certificate expires on the first anniversary of its effective date unless the certificate is renewed for a one-year term as provided in this section.
B. Before the certificate expires, a certificate may be renewed for an additional one-year term, if the applicant:
1. Otherwise is entitled to the certificate;
2. Pays the Insurance Commissioner an annual renewal fee in the amount of Five Hundred Dollars ($500.00);
3. Submits to the Commissioner:
a. a renewal application on the form that the
Commissioner requires, and
b. satisfactory evidence of compliance with any
requirement for certificate renewal;
4. Establishes and maintains a complaint system which has been approved by the Commissioner and which provides reasonable procedures for the resolution of written complaints concerning utilization review; and
5. Maintains records of written complaints for five
(5)years from the time the complaints are filed and submits to the Commissioner a summary report at such times and in such format as the Commissioner may require. Added by Laws 1991, c. 294, § 10, eff. Nov. 1, 1991.