Section 991.1804 - Plan of operation(a) The plan of operation shall establish the procedures for the performance of all the powers and duties of the association provided under section 1803 , including, but not limited to, the establishment of: (1) Procedures for handling assets of the association.(2) Procedures by which claims may be filed with the association and the specification of acceptable forms of proof of covered claims.(3) Procedures for records to be kept of all financial transactions of the association.(b) The plan of operation may provide that any or all powers and duties of the association except those provided under section 1803(b)(3) and (c)(2) may be delegated to a corporation, association or other organization which performs or will perform functions similar to those of the association or its equivalent in two or more states. Such a corporation, association or organization shall be reimbursed on the same basis as would a servicing facility and shall be compensated for the performance of any other functions delegated to it by the association. Any delegation under this subsection shall take effect only upon the approval of both the board of directors and the commissioner and may be made only to a corporation, association or organization which extends protection not substantially less favorable and effective than that provided by this article.(c) The plan of operation may be amended by the association, subject to prior approval by the commissioner, or, at the direction of the commissioner, the association shall amend the plan of operation.1921, May 17, P.L. 682, No. 284, art. XVIII, § 1804, added 1994, Dec. 12, P.L. 1005, No. 137, § 1, effective in 60 days.