(a) A guaranteed association shall be disqualified from participation in the program if any of the following occur:
- (1) It is found by the program to no longer be a qualified guaranteed association.
- (2) It so requests in writing. Such requests shall be provided to the program at least sixty (60) calendar days prior to the effective date of the requested disqualification.
- (3) It has committed an act of fraud or misrepresentation to circumvent the statutes or regulations of the program.
(b) When a participating guaranteed association is disqualified, the program shall notify the guaranteed association of the disqualification.
(1) The notice shall be in writing and include the following information:
- (A) The reason for the disqualification,
- (B) The effective date of disqualification, and
- (C) That all guaranteed association members and dependents shall be disenrolled and the final day of coverage provided by the program through the guaranteed association.
Note: Authority cited: Section 10731, Insurance Code. Reference: Section 10731, Insurance Code.
History
1. Renumbering of former section 2699.626.1 to section 2699.6169 filed 5-27-94; operative 5-27-94 (Register 94, No. 21).