A health maintenance organization may invest in any Category 1 investment as defined in Chapter 14 of this title or any other investment the Commission may permit pursuant to provisions in Chapter 14 (§ 38.2-1400 et seq.) of this title. For investments made prior to July 1, 1998, by a health maintenance organization which is licensed on and after June 30, 1998, July 1, 1998 may be deemed the date of investment.

Terms Used In Virginia Code 38.2-4309

  • Commission: means the State Corporation Commission. See Virginia Code 38.2-100
  • Health maintenance organization: means any person who undertakes to provide or arrange for one or more health care plans. See Virginia Code 38.2-4300

1980, c. 720, § 38.1-873; 1986, c. 562; 1998, c. 42.

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