Requirements Applicable to Rbc Reports Filed With Respect to Year 2015

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For RBC reports required to be filed by health organizations with respect to 2015, the following requirements shall apply in lieu of §§56-46-203,56-46-204,56-46-205 and56-46-206:

  1. In the event of a Company Action Level Event with respect to a domestic health organization, the commissioner shall take no regulatory action under this part;
  2. In the event of a Regulatory Action Level Event under § 56-46-204(a)(1), (a)(2) or (a)(3) the commissioner shall take the actions required under § 56-46-203;
  3. In the event of a Regulatory Action Level Event under § 56-46-204(a)(4), (a)(5), (a)(6), (a)(7), (a)(8) or (a)(9) or an Authorized Control Level Event, the commissioner shall take the actions required under § 56-46-204 with respect to the health organization;
  4. In the event of a Mandatory Control Level Event with respect to a health organization, the commissioner shall take the actions required under § 56-46-205 with respect to the health organization.


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