S.C. Code Ann. § 38-33-280. Acquisition or exchange of securities of a health maintenance organization; merger or consolidation of HMO: Health Maintenance Organization Act of 1987 – South Carolina

Status: Enacted
Year Enacted: 1987
Year Amended: 2002
File: Download

No person may make a tender for or a request or invitation for tenders of, or enter into an agreement to exchange securities for or acquire in the open market or otherwise, any voting security of a health maintenance organization or enter into any other agreement if, after the consummation thereof, that person would, directly or indirectly, or by conversion or by exercise of any right to acquire, be in control of the health maintenance organization.


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