§33-20E-12. Issuance of policy.
(a) If an eligible applicant meets the underwriting standards
and other requirements and conditions of the association as set
forth in the approved plan of operation and there is no unpaid,
uncontested premium, charge or assessment due from the applicant
for any prior insurance of the same kind, the association, upon
receipt of the premium, charge or assessment or a portion thereof
as prescribed by the plan of operation, shall cause to be issued a
policy of medical professional liability insurance.
(b) The policy may not require as a condition precedent to
settlement or compromise of any claim the consent or acquiescence
of the policyholder.