376.1530. 1. The director may deny a registration to an applicant orrefuse to renew, suspend, or revoke the registration of a registrant if theapplicant or registrant, or an officer, director, or employee of theapplicant or registrant:
(1) Makes a material misstatement or misrepresentation in anapplication for registration;
(2) Fraudulently or deceptively obtains or attempts to obtain aregistration for the applicant or registrant or for another;
(3) Has advertised, merchandised or attempted to merchandise itsservices in such a manner as to misrepresent its services or capacity forservice or has engaged in deceptive, misleading or unfair practices withrespect to advertising or merchandising;
(4) In connection with the advertisement, offer, sale oradministration of a health care discount program, makes any untruestatement of material fact, conceals any material fact, uses any deceptionor commits fraud or engages in any dishonest activity;
(5) Is not fulfilling its obligations as a discount medical planorganization;
(6) Does not have the minimum net worth as required by sections376.1500 to 376.1532; or
(7) Violates any provision of sections 376.1500 to 376.1532, or anylaw or regulation of this state relating to insurance or the provision ofmedical care.
2. If the director has cause to believe that grounds for thesuspension or revocation of a registration exist, the director shall notifythe discount medical plan organization in writing, specifically stating thegrounds for suspension or revocation, and shall provide opportunity for ahearing on the matter before the director.
3. When the registration of a discount medical plan organization issurrendered or revoked, such organization shall proceed, immediatelyfollowing the effective date of the order of revocation, to wind up itsaffairs transacted under the registration. The organization may not engagein any further advertising, solicitation, collecting of fees, or renewal ofcontracts.
376.1530. 1. The director may deny a registration to an applicant orrefuse to renew, suspend, or revoke the registration of a registrant if theapplicant or registrant, or an officer, director, or employee of theapplicant or registrant:
(1) Makes a material misstatement or misrepresentation in anapplication for registration;
(2) Fraudulently or deceptively obtains or attempts to obtain aregistration for the applicant or registrant or for another;
(3) Has advertised, merchandised or attempted to merchandise itsservices in such a manner as to misrepresent its services or capacity forservice or has engaged in deceptive, misleading or unfair practices withrespect to advertising or merchandising;
(4) In connection with the advertisement, offer, sale oradministration of a health care discount program, makes any untruestatement of material fact, conceals any material fact, uses any deceptionor commits fraud or engages in any dishonest activity;
(5) Is not fulfilling its obligations as a discount medical planorganization;
(6) Does not have the minimum net worth as required by sections376.1500 to 376.1532; or
(7) Violates any provision of sections 376.1500 to 376.1532, or anylaw or regulation of this state relating to insurance or the provision ofmedical care.
2. If the director has cause to believe that grounds for thesuspension or revocation of a registration exist, the director shall notifythe discount medical plan organization in writing, specifically stating thegrounds for suspension or revocation, and shall provide opportunity for ahearing on the matter before the director.
3. When the registration of a discount medical plan organization issurrendered or revoked, such organization shall proceed, immediatelyfollowing the effective date of the order of revocation, to wind up itsaffairs transacted under the registration. The organization may not engagein any further advertising, solicitation, collecting of fees, or renewal ofcontracts.
376.1530. 1. The director may deny a registration to an applicant orrefuse to renew, suspend, or revoke the registration of a registrant if theapplicant or registrant, or an officer, director, or employee of theapplicant or registrant:
(1) Makes a material misstatement or misrepresentation in anapplication for registration;
(2) Fraudulently or deceptively obtains or attempts to obtain aregistration for the applicant or registrant or for another;
(3) Has advertised, merchandised or attempted to merchandise itsservices in such a manner as to misrepresent its services or capacity forservice or has engaged in deceptive, misleading or unfair practices withrespect to advertising or merchandising;
(4) In connection with the advertisement, offer, sale oradministration of a health care discount program, makes any untruestatement of material fact, conceals any material fact, uses any deceptionor commits fraud or engages in any dishonest activity;
(5) Is not fulfilling its obligations as a discount medical planorganization;
(6) Does not have the minimum net worth as required by sections376.1500 to 376.1532; or
(7) Violates any provision of sections 376.1500 to 376.1532, or anylaw or regulation of this state relating to insurance or the provision ofmedical care.
2. If the director has cause to believe that grounds for thesuspension or revocation of a registration exist, the director shall notifythe discount medical plan organization in writing, specifically stating thegrounds for suspension or revocation, and shall provide opportunity for ahearing on the matter before the director.
3. When the registration of a discount medical plan organization issurrendered or revoked, such organization shall proceed, immediatelyfollowing the effective date of the order of revocation, to wind up itsaffairs transacted under the registration. The organization may not engagein any further advertising, solicitation, collecting of fees, or renewal ofcontracts.
