Section 1399 Of Article 9. Miscellaneous From California Health And Safety Code >> Division 2. >> Chapter 2.2. >> Article 9.
1399
. (a) Surrender of a license as a health plan becomes effective
30 days after receipt of an application to surrender the license or
within a shorter period of time as the director may determine, unless
a revocation or suspension proceeding is pending when the
application is filed or a proceeding to revoke or suspend or to
impose conditions upon the surrender is instituted within 30 days
after the application is filed. If this proceeding is pending or
instituted, surrender becomes effective at the time and upon the
conditions as the director by order determines.
(b) If the director finds that any plan is no longer in existence,
or has ceased to do business or has failed to initiate business
activity as a licensee within six months after licensure, or cannot
be located after reasonable search, the director may by order
summarily revoke the license of the plan.
(c) The director may summarily suspend or revoke the license of a
plan upon (1) failure to pay any fee required by this chapter within
15 days after notice by the director that the fee is due and unpaid,
(2) failure to file any amendment or report required under this
chapter within 15 days after notice by the director that the report
is due, (3) failure to maintain any bond or insurance pursuant to
Section 1376, (4) failure to maintain a deposit, insurance, or
guaranty arrangement pursuant to Section 1377, or (5) failure to
maintain a deposit pursuant to Section 1300.76.1 of Title 28 of the
California Code of Regulations.