Louisiana 2010 Regular Session

Louisiana Senate Bill SB664 Latest Draft

Bill / Chaptered Version

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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010	ENROLLED
SENATE BILL NO. 664
BY SENATOR HEBERT 
AN ACT1
To enact R.S. 22:1123(E), relative to medical necessity review organizations; to provide for2
required notifications to the commissioner of insurance upon changes in fact or3
circumstance; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1.  R.S. 22:1123(E) is hereby enacted to read as follows: 6
ยง1123. Authorization or licensure as an MNRO7
*          *          *8
E. An entity licensed as a MNRO shall notify the commissioner of any9
material change in fact or circumstance affecting its qualification for a license10
in this state within sixty days of the effective date of the change. The notice shall11
include any documentation as the commissioner may require. Changes in fact12
or circumstances shall include the following items:13
(1) Changes in control as defined in R.S. 22:692(3).14
(2) Amendments to the articles of incorporation.15
(3) Changes in officers and directors.16
(4) Merger or consolidation of the MNRO with any other person or17
entity.18
(5) Use of a trade name in this state.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:                         
ACT No. 83