§423-1  Dental service corporation,
formation.  A nonprofit dental service corporation may be formed for the
purposes of contracting with individuals and corporations, both public and
private, for defraying or assuming the costs of services of dentists and dental
surgeons, and the contracting on behalf of dentists and dental surgeons to
furnish such services.  The director of commerce and consumer affairs shall
grant to applicants who file articles of incorporation in conformity with
section 414D-32 a charter of incorporation for the establishment and conduct of
a dental service corporation; provided that the corporation may not engage
directly or indirectly in the performance of the corporate purposes or objects
unless all of the following requirements are met:



(1)  At least fifty licensed dentists and dental
surgeons in this State have become members of the corporation;



(2)  Membership in the corporation and an opportunity
to render professional services upon a uniform basis are available to all
licensed dentists and dental surgeons in this State;



(3)  Voting by proxy and cumulative voting are
prohibited; and



(4)  A certificate of compliance with the requirements
of paragraphs (1), (2), and (3) has been issued to the corporation by the board
of dental examiners.



Any charter granted or corporation created
under authority of this section shall be subject to all general laws enacted in
regard to nonprofit corporations. [L 1961, c 69, §2; am L 1963, c 114, §3;
Supp, §176D-1; HRS §423-1; am L 1982, c 204, §8; am L 1983, c 124, §17; am L
1988, c 342, §2 and c 370, §8; am L 2002, c 40, §61]



 



Cross References



 



  Dentistry license, see chapter 448.