California Corporations Code 10840 – (a) “Hospital service plan,” as used in this section means a …
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(a) “Hospital service plan,” as used in this section means a corporation which is a nonprofit hospital service plan defined in Chapter 11a (commencing with Section 11491) of Part 2 of Division 2 of the Insurance Code.
(b) A hospital service plan may be formed under or subject to Part 2 (commencing with Section 5110) or Part 3 (commencing with Section 7110).
Terms Used In California Corporations Code 10840
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(Amended by Stats. 1983, Ch. 1085, Sec. 14.5.)