(1) Except with the prior written approval of the office, a person may not, individually or in conjunction with any affiliated person of such person, directly or indirectly acquire a facility operating under a subsisting certificate of authority and engage in the business of providing continuing care.
(2) An applicant seeking simultaneous acquisition of a facility and issuance of a certificate of authority must:
(a) Comply with the notice requirements of s. 628.4615(2)(a); and
(b) File an application in the form required by the office and cooperate with the office’s review of the application.
(3) The commission shall adopt by rule application requirements equivalent to those described in ss. 628.4615(4) and (5), 651.022(2), and 651.023(1)(b). The office shall review the application and issue an approval or disapproval of the filing in accordance with ss. 628.4615(6)(a) and (c), (7)-(10), and (14) and 651.023(1)(b).
(4) In addition to the provider or the controlling company, the office has standing to petition a circuit court under s. 628.4615(9).
(5) A person may rebut a presumption of control by filing a disclaimer of control with the office on a form prescribed by the commission. The disclaimer must fully disclose all material relationships and bases for affiliation between the person and the provider or facility, as well as the basis for disclaiming the affiliation. In lieu of such form, a person or acquiring party may file with the office a copy of a Schedule 13G filed with the Securities and Exchange Commission pursuant to Rule 13d-1(b) or (c), 17 C.F.R. s. 240.13d-1, under the Securities Exchange Act of 1934, as amended. After a disclaimer has been filed, the provider or facility is relieved of any duty to register or report under this section which may arise out of the provider’s or facility’s relationship with the person, unless the office disallows the disclaimer.
(6) The commission may adopt rules as necessary to administer this section.
History.—s. 10, ch. 2019-160.
Structure Florida Statutes
Chapter 651 - Continuing Care Contracts
651.012 - Exempted Facility; Written Disclosure of Exemption.
651.013 - Chapter Exclusive; Applicability of Other Laws.
651.014 - Insurance Business Not Authorized.
651.015 - Administration; Forms; Fees; Rules; Fines.
651.018 - Administrative Supervision.
651.019 - New Financing, Additional Financing, or Refinancing.
651.021 - Certificate of Authority Required.
651.022 - Provisional Certificate of Authority; Application.
651.023 - Certificate of Authority; Application.
651.0235 - Validity of Provisional Certificates of Authority and Certificates of Authority.
651.0261 - Quarterly and Monthly Statements.
651.028 - Accredited Facilities.
651.034 - Financial and Operating Requirements for Providers.
651.035 - Minimum Liquid Reserve Requirements.
651.043 - Approval of Change in Management.
651.051 - Maintenance of Assets and Records in State.
651.055 - Continuing Care Contracts; Right to Rescind.
651.057 - Continuing Care At-Home Contracts.
651.061 - Dismissal or Discharge of Resident; Refund.
651.065 - Waiver of Statutory Protection.
651.071 - Contracts as Preferred Claims on Liquidation or Receivership.
651.095 - Advertisements; Requirements; Penalties.
651.106 - Grounds for Discretionary Refusal, Suspension, or Revocation of Certificate of Authority.
651.107 - Duration of Suspension; Obligations During Suspension Period; Reinstatement.
651.108 - Administrative Fines.
651.1081 - Remedies Available in Cases of Unlawful Sale.
651.111 - Requests for Inspections.
651.114 - Delinquency Proceedings; Remedial Rights.
651.1141 - Immediate Final Orders.
651.1151 - Administrative, Vendor, and Management Contracts.
651.116 - Delinquency Proceedings; Additional Provisions.
651.119 - Assistance to Persons Affected by Closure Due to Liquidation or Pending Liquidation.
651.121 - Continuing Care Advisory Council.
651.123 - Alternative Dispute Resolution.
651.125 - Criminal Penalties; Injunctive Relief.
651.131 - Actions Under Prior Law.