Ch. 6

LAWS OF MARYLAND

(b) A provider[,] may not collect deposits for continuing
care or begin construction of new or expanded facilities without
approval of a feasibility study. The feasibility study shall be
filed in a form satisfactory to the Office on Aging and shall
include at least the following information:

(1)  A statement of the purpose and need for the
project and the reasons for the proposed construction, expansion,
or renovation;

(2)  A statement of financial resources of the
provider;

(3)  A statement of the capital expenditures necessary
to accomplish the project;

(4)  A statement of financial feasibility for the
proposed project which shall include a statement of future
funding sources; and

(5)  An actuarial forecast reviewed by a certified
actuary.

DRAFTER'S NOTE:

Error: Extraneous punctuation in Article 70B, §
10(b).

Occurred: Ch. 325, Acts of 1987.

Article 73B - Pensions

11D.

(2) (a) A member in service on July 1, 1984 who wishes to
select the retirement allowance as provided in this section shall
notify the [Employee's] EMPLOYEES' Retirement System not later
than January 1, 1985 of the election on forms provided by the
system. A member not in service on July 1, 1984 but who is
eligible to return to service in the system shall have 90 days
from the date of return to service to select the option provided
in this section.

DRAFTER'S NOTE:

Error: Misplaced apostrophe in Article 73B, §
11D(2)(a).

Occurred: Printing error in the publication of the
1987 Cumulative Supplement to the 1983 Replacement
Volume for Volume 6 of the Annotated Code of Maryland.

117.

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