RSA 420-D:15-a Unsound Financial Condition.

Title: XXXVII - INSURANCE Chapter: 420-D - CONTINUING CARE COMMUNITIES

I. The department may require a provider to submit a financial plan, if either of the following applies:
(a) A provider fails to file a complete annual report.
(b) The department has reason to believe that the provider is insolvent, is in imminent danger of becoming insolvent, is in a financially unsound or unsafe condition, or that its condition is such that it may otherwise be unable to fully perform its obligations pursuant to continuing care contracts in the discretion of the commissioner.
II. A provider shall submit its financial plan to the department within 60 days following the date of the department's request. The financial plan shall explain how and when the provider will rectify the problems and deficiencies identified by the department.
III. The d

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