Section 1399.70 Of Article 11. Nonprofit Plans From California Health And Safety Code >> Division 2. >> Chapter 2.2. >> Article 11.
1399.70
. (a) In addition to the information required by subdivision
(a) of Section 1399.73, a nonprofit health care service plan
submitting an application to the director to restructure or convert
its activities pursuant to this article shall submit to the director
a copy of all of its original and amended articles of incorporation
and bylaws, as well as a report summarizing the activities undertaken
by the plan to meet its nonprofit obligations as directed by the
director.
(b) The report required by this section shall include a summary of
the following:
(1) The nature of public benefit or charitable activities
undertaken by the plan.
(2) The expenditures incurred by the plan on these public benefit
or charitable activities.
(3) The plan's procedure for avoiding conflicts of interest
involving public benefit or charitable activities and a summary of
any conflicts that have occurred and the manner in which they were
resolved.
(c) The report required by this section shall also include a
written plan that specifies on a projected basis the information
required by subdivision (b) for the immediately following fiscal
year.
(d) When requested by the director, the plan shall promptly
supplement the report to include any additional information as the
director deems necessary to ascertain whether the plan's assets are
appropriately being used by the plan to meet its nonprofit
obligations.
(e) For purposes of this article, a "nonprofit health care service
plan" includes a plan formed under or subject to Part 2 (commencing
with Section 5110) or Part 3 (commencing with Section 7110) of
Division 2 of the Corporations Code.