Regulation of hospital care associations under prior law
- • exceptions
(1) Notwithstanding any other provision of law, except as provided in subsection (2) of this section, any persons doing a hospital association business, as defined in ORS 742.010 (1959 Replacement Part) in compliance with ORS chapter 742 (1959 Replacement Part) on August 12, 1965, may continue such business in compliance with ORS chapter 742 (1959 Replacement Part).
(2) Every person doing a hospital association business, as defined in ORS 742.010 (1959 Replacement Part), on August 12, 1965, shall comply with the provisions of ORS 750.045 (Required capitalization), 750.055 (Other provisions applicable to health care service contractors), 750.085 (Offer of replacement coverage upon order of liquidation) and 750.095 (Requirements of contract between provider and subscriber). [Formerly 742.035; 1989 c.783 §5]
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