SECTION 310:657-33-1. Powers  


Latest version.
  •   The powers of a Plan include the following:
    (1)   Making transactions between affiliated entities, including loans and the transfer of responsibility under all contracts between affiliates or between the Plan and its parent;
    (2)   Furnishing medical and health services through providers, associations or agents which contract with or are employed by the Plan;
    (3)   Contracting with any person for the performance on its behalf of functions such as marketing and administration; and
    (4)   Marketing of products with an insurer or insured, if the company offering each product is clearly identified.
[Source: Added at 12 Ok Reg 2977, eff 6-16-95 (emergency); Added at 13 Ok Reg 2127, eff 6-13-96; Amended at 14 Ok Reg 2264, eff 6-12-97; Amended at 23 Ok Reg 2404, eff 6-25-06]