(1) No person, unless otherwise authorized pursuant to this title, may establish or operate a prepaid dental care plan organization in this state or sell or offer to sell, or solicit offers to purchase, or receive advanced or periodic consideration in conjunction with a prepaid dental care plan without obtaining and maintaining a certificate of authority pursuant to part 1 of this article and this part 5.
Within ninety days after January 1, 1980, every prepaid dental care plan organizationoperating in this state and pursuant to part 1 of this article and this part 5 shall submit an application for a certificate of authority to the commissioner. Each such applicant may continue to operate as an organization until the commissioner acts upon the application.
A prepaid dental care plan organized under part 1 of this article and this part 5 shallbe subject to part 5 and part 11 of article 3 of this title but shall not be subject to any other laws of this state relating to insurance or insurance companies.
Source: L. 92: Entire article R&RE, p. 1714, § 1, effective July 1.
Editor's note: This section is similar to former § 10-16.5-104 as it existed prior to 1992.