Pub. L. 114-113, div. E, tit. VII (as amended)

747.(a)The Act entitled An Act providing for the incorporation of certain persons as Group Hospitalization and Medical Services, Inc., approved August 11, 1939 (53 Stat. 1412), is amended—(1)by redesignating section 11 as section 12; and(2)by inserting after section 10 the following:11.The surplus of the corporation is for the benefit and protection of all of its certificate holders and shall be available for the satisfaction of all obligations of the corporation regardless of the jurisdiction in which such surplus originated or such obligations arise. The corporation shall not divide, attribute, distribute, or reduce its surplus pursuant to any statute, regulation, or order of any jurisdiction without the express agreement of the District of Columbia, Maryland, and Virginia—(1)that the entire surplus of the corporation is excessive; and(2)to any plan for reduction or distribution of surplus..(b)The amendments made by subsection (a) shall apply with respect to the surplus of Group Hospitalization and Medical Services, Inc. for any year after 2011.