(a) A provider may not remove a record or asset of the provider related to the operation of a facility or the provision of services under a continuing care agreement from the State unless the Department consents in writing.
(b) Consent shall be based on the provider’s submission of satisfactory evidence that the removal:
(1) will facilitate and make the operations of the provider more economical; and
(2) will not diminish the service or protection to be given to the provider’s subscribers in the State.
Structure Maryland Statutes
Title 10 - Department of Aging
Part IV - Facilities and Assets
Section 10-432 - Sale or Transfer of Facility Ownership -- in General
Section 10-433 - Sale or Transfer of Facility Ownership -- Notices
Section 10-434 - Sale or Transfer of Facility Ownership -- Subscriber Questions and Comments
Section 10-435 - Sale or Transfer of Facility Ownership -- Approval by Department
Section 10-436 - Sale or Transfer of Assets
Section 10-437 - Sale or Transfer of Assets -- Notices to Department
Section 10-438 - Sale or Transfer of Assets -- Approval by Department
Section 10-439 - Termination of or Failure to Renew Lease After Conversion
Section 10-440 - Removal of Records or Assets From State
Section 10-443 - Provisions of Part Iv Are in Addition to Other Laws