[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3025 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 3025

  To amend the Federal charter for Group Hospitalization and Medical 
                Services, Inc., and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 12, 1997

   Mr. Davis of Virginia (for himself, Ms. Norton, and Mrs. Morella) 
 introduced the following bill; which was referred to the Committee on 
                    Government Reform and Oversight

_______________________________________________________________________

                                 A BILL


 
  To amend the Federal charter for Group Hospitalization and Medical 
                Services, Inc., and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CHARTER FOR GROUP HOSPITALIZATION AND MEDICAL SERVICES, INC.

    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 inserting after section 9 the following new section:
    ``Sec. 10. The corporation may have 1 class of members, consisting 
of at least 1 member and not more than 30 members, as determined 
appropriate by the board of trustees. The bylaws for the corporation 
shall prescribe the designation of such class as well as the rights, 
privileges and qualifications of such class, which may include, but 
shall not be limited to--
            ``(1) the manner of election, appointment or removal of a 
        member of the corporation;
            ``(2) matters on which a member of the corporation has the 
        right to vote; and
            ``(3) meeting, notice, quorum, voting and proxy 
        requirements and procedures.
If a member of the corporation is a corporation, such member shall be a 
nonprofit corporation.'';
            (2) by redesignating section 10 as section 11; and
            (3) by adding at the end of section 11 (as so redesignated) 
        the following: ``The corporation may not be dissolved without 
        approval by Congress.''.
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