Section 56-46-213 - Requirements applicable to RBC reports filed with respect to year 2015 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 and 56-46-206:
(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.