SECTION 365:40-3-31. Name of HMO

Latest version.

(a) No HMO shall be authorized to transact the business of an HMO in Oklahoma which has or uses a name so similar to that of any HMO already so authorized as to cause uncertainty or confusion; except, that in case of conflict of names between two HMOs, the Insurance Commissioner may permit or require the newly-authorized insurer to use in Oklahoma such supplementation or modification of its name as may reasonably be necessary to avoid such conflict.
(b) No insurer shall be authorized to transact the business of an HMO in Oklahoma which has or uses a name which tends to deceive or mislead as to the type of organization of the HMO.

[Source: Added at 21 Ok Reg 77, eff 11-1-03 (emergency); Added at 21 Ok Reg 1672, eff 7-14-04]

                    
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