(a) A person may not establish or maintain a self-funded multiple employer welfare arrangement except as authorized by a subsisting certificate of authority issued to the arrangement by the director.
(b) A self-funded multiple employer welfare arrangement is established or maintained in this state if
(1) one or more of the employer members participating in the arrangement is domiciled or maintains its principal place of business in the state; or
(2) the multiple employer welfare arrangement solicits an employer that is domiciled in this state or has its principal headquarters or principal administrative offices in this state.