Any nonprofit association organized hereafter in this Commonwealth for the purpose of establishing, maintaining, and operating any plan for the rendering of hospital and/or medical-surgical services without profit and by virtue of which hospital services are furnished by any hospital or group of hospitals with which said association may have a contract for said purpose and medical-surgical services by a group of doctors with whom the association have a contract for that purpose and in order to furnish such hospital and/or medical-surgical services to such persons as may enter into a contract therewith, authorizing and guaranteeing certain hospital and/or medical-surgical services, shall be governed by this chapter and shall be exempt from the provisions of the Insurance Code of Puerto Rico, Title 26, except as herein specifically provided.
History —May 9, 1942, No. 152, p. 828, § 1; Dec. 31, 1946, No. 21, p. 162, § 1; May 12, 1964, No. 22, p. 67; June 21, 1968, No. 109, p. 219, § 1.