WEST VIRGINIA CODE
WVC 33 - 25 D- 21
§33-25D-21. Rehabilitation, liquidation or conservation of prepaid
limited health service organization.
Any rehabilitation, liquidation or conservation of a prepaid
limited health service organization is considered to be the
rehabilitation, liquidation or conservation of an insurance
company, is the exclusive remedy for rehabilitation, liquidation
and conservation of a prepaid limited health service organization
as provided by this article and shall be conducted under the
supervision of the commissioner pursuant to the law governing the
rehabilitation, liquidation or conservation of insurance companies.
The commissioner may apply for an order directing him or her to
rehabilitate, liquidate or conserve a prepaid limited health
service organization upon any one or more grounds set out in the
rehabilitation statutes or when, in his or her opinion, the
continued operation of the prepaid limited health service
organization would be hazardous either to the enrollees or to the
people of this state.
Note: WV Code updated with legislation passed through the 2012 1st Special Session