The directors of a corporation shall at all times include representatives of:
(1) Administrators or trustees of hospitals which have contracted with the corporation to render hospital service to subscribers, if the corporation is a hospital service corporation or a hospital and medical service corporation;
(2) Physicians and surgeons licensed to practice in this state who have contracted with the corporation to render medical service to subscribers, if the corporation is a medical service corporation or a hospital and medical service corporation; and
(3) The general public, exclusive of hospital representatives and physicians.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 75 - Hospital And Medical Service Corporations
§ 23-75-102. Applicability of other laws
§ 23-75-103. Provisions exclusive
§ 23-75-104. Not applicable to employer plan
§ 23-75-105. Relationship of physician, patient, and hospital unaffected
§ 23-75-106. Incorporation — Amendments to articles or bylaws
§ 23-75-107. Certificate of authority — Application
§ 23-75-108. Certificate of authority — Requirements for issuance
§ 23-75-109. Deposit for protection of subscribers
§ 23-75-110. Contracting authority — Filing of contract
§ 23-75-111. Subscription contracts
§ 23-75-113. Expenses and investments
§ 23-75-114. Annual report — Examination
§ 23-75-118. Review of decisions
§ 23-75-121. Power to make donations for the public welfare
§ 23-75-122. Conversion to legal reserve mutual life insurer