A. Each nonstock corporation seeking to be licensed by the Commission shall specify the geographical area it desires to serve and shall satisfy the Commission that it is able to render the services of the plan.
B. The Commission may, after notice and hearing, license more than one nonstock corporation for the same geographical area unless the Commission finds that the (i) nonstock corporation's proposed method of operation or manner of doing business is not satisfactory or (ii) licensing of more than one nonstock corporation for the same geographical area will not promote the public welfare. If more than one nonstock corporation is licensed in a geographical area, the nonstock corporations in that area shall make arrangements among themselves to see that any claim filed with the wrong nonstock corporation in that area be promptly forwarded to the proper nonstock corporation, if it can be determined.
C. Subscription contracts shall not be sold to persons residing outside the area of the nonstock corporation unless they are regularly employed within the area. The subscription contract of a subscriber who neither lives nor is employed within the area shall be cancelled by notice given in accordance with the terms of the subscription contract.
1980, c. 682, § 38.1-904; 1986, c. 562.
Structure Code of Virginia
Chapter 45 - Dental or Optometric Services Plans
§ 38.2-4500. Applicability of chapter
§ 38.2-4502. Dental services plans
§ 38.2-4503. Optometric services plans
§ 38.2-4504. Nonstock corporation required
§ 38.2-4505. Liability of participants
§ 38.2-4506. Terms of participation
§ 38.2-4507. Change of participants
§ 38.2-4508. Board of directors of nonstock corporation
§ 38.2-4509. Application of certain laws
§ 38.2-4509.1. Rehabilitation, liquidation, conservation
§ 38.2-4510. Quarterly reports
§ 38.2-4511. Corporation's contracts with participating dentists or optometrists
§ 38.2-4512. Contracts between participating dentists or optometrists and subscribers
§ 38.2-4513. Subscriber to have free choice of practitioners available
§ 38.2-4514. Subscriber to be advised in writing as to benefits and limitations thereon
§ 38.2-4515. Geographical area
§ 38.2-4516. Interplan arrangements
§ 38.2-4517. Licensing of nonstock corporation
§ 38.2-4518. Renewal of nonstock corporation license
§ 38.2-4519. Licensing of agents
§ 38.2-4520. Corporate restrictions