Pub. L. 102-382, tit. I, sec. 137

Sec. 137. (a) Legal Domicile.— The first section of the Act entitled “An Act providing for the incorporation of certain persons as Group Hospitalization, Inc.”, approved August 11, 1939 (referred to as “the Act”), is amended by adding at the end thereof the following: “The District of Columbia shall be the legal domicile of the corporation.”. (b) Regulatory Authority.— 106 STAT. 1436 (1) In general.—Section 5 of the Act is amended to read as follows: “Sec. 5. The corporation shall be licensed and regulated by the District of Columbia in accordance with the laws and regulations of the District of Columbia.”. (2) Repeal.—The Act is amended by striking section 7. (c) Reimbursement of Regulatory Costs by the Corporation.—The Act (as amended by section (b) of this Act) is amended by inserting after section 6 the following new section: “Sec. 7. The corporation shall reimburse the District of Columbia for the costs of insurance regulation (including financial and market conduct examinations) of the corporation and its affiliates and subsidiaries by the District of Columbia. (d) Effective Date.—The amendments made by this section shall take effect on the date of enactment of this Act and expire on September 30, 1993, or upon the enactment of specific authorizing legislation.