If a state commissioner of insurance places an HMO under administrative supervision, then the purpose...

Transfer all of the HMO's business to other carriers.

Allow the state commissioner, acting for a state court, to take control of and administer the HMO's assets and liabilities.

Sell the HMO's assets in order to satisfy the HMO's obligations.

Place the HMO's operations under the direction and control of the state commissioner or a person appointed by the commissioner.