§33-25A-19. Rehabilitation, liquidation or conservation of health
maintenance organization.
Any rehabilitation, liquidation or conservation of a health
maintenance organization shall be considered to be the
rehabilitation, liquidation or conservation of an insurance
company, shall be the exclusive remedy for rehabilitation,
liquidation and conservation of an HMO 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 health maintenance 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 health maintenance
organization would be hazardous either to the enrollees or to the
people of this state.