§ 36-2675. Contracts; investments; law applicable.  


Latest version.
  • A.  A certified corporation, in addition to contracting with the licensed dentists of the state, may contract for its subscribers the use of hospital facilities located in the state.

    B.  A certified corporation may contract with any other person who is licensed and qualified for the purpose of providing dental services to or for the subscribers but no certified corporation shall enter into an exclusive or preferential contract with any person.

    C.  A certified corporation may contract with any other person for the cooperative administration or underwriting with regard to the  performance of the obligations created upon it under the contracts it issues to the subscribers and to participating dentists.

    D.  A certified corporation may join with, contract with or become a member of any organization of other dental service or indemnity corporations, nonprofit hospital or hospital service corporations or medical service or indemnity corporations, either domestic or foreign, to create, establish or maintain an agency, group or entity to facilitate the providing of dental services for subscribers located within or outside the State of Oklahoma.

    E.  A certified corporation may join with, contract with or serve  in any capacity with any agency of the United States of America, the  State of Oklahoma or any county, city or town, in connection with any  program or undertaking sponsored by one or more of the above.

    F.  A certified corporation may invest in such real and personal  property as is reasonably necessary to conduct its business.  No law  relating to insurance hereafter enacted shall apply to dental service  corporations unless expressly designated therein as applicable.

Laws 1973, c. 104, § 5, emerg. eff. May 3, 1973.