58-41-94Summary proceeding to reorganize organization--Grounds.

The director may apply for an order directing him to rehabilitate, liquidate, or conserve a health maintenance organization upon any one or more of the grounds set out in chapter 58-29B, or when in his opinion the continued operation of the health maintenance organization would be hazardous either to the enrollees or the people of this state.

Source: SL 1974, ch 321, § 40.