As Amended
SEC. 41-13-107. Trust not subject to insurance laws.
Neither the establishment of a trust under Section 41-13-101 nor the participation of a hospital in such trust shall constitute a "contract of insurance" within the meaning of Section 83-5-5, and the trust shall not be considered an "insurance company" or any other concern subject to the inspection and supervision of the Insurance Commissioner within the meaning of Section 83-5-1 or of the Insurance Commission within the meaning of Section 83-3-1 et seq.
SOURCES: Laws, 1982, ch. 370, Sec. 4; Repealed, Laws, 1984, ch. 495, Sec. 38; reenacted and amended, Laws, 1985, ch. 474, Sec. 38; 1986, ch. 438, Sec. 24; 1987, ch. 480, Sec. 4, eff from and after passage (approved April 15, 1987).