Ch. 346

1996 LAWS OF MARYLAND

AFFILIATE ORGANIZATION WILL BE RESPONSIBLE FOR THE FINANCIAL AND
CONTRACTUAL OBLIGATIONS OF THE PROVIDER;

(VI)   THE NAME AND ADDRESS OF ANY BUSINESS OR PROFESSIONAL
ENTITY OR OPERATION THAT IS LIKELY TO PROVIDE GOODS, PREMISES, OR
SERVICES TO THE FACILITY OR PROVIDER, AFTER THE SALE OR OTHER TRANSFER,
OF A VALUE OF $10,000 OR MORE WITHIN ANY YEAR, INCLUDING A DESCRIPTION OF
THE GOODS, PREMISES, OR SERVICES IN WHICH ANY OF THE PERSONS IDENTIFIED
IN ITEM (III)F (III)6 OF THIS PARAGRAPH HAS A 10% OR GREATER FINANCIAL
INTEREST;

(VII)  THE NAME OF THE PROPOSED MANAGER OR MANAGEMENT
COMPANY THAT WILL MANAGE THE DAY-TO-DAY OPERATIONS OF THE FACILITY
AFTER THE SALE OR OTHER TRANSFER, AND A DESCRIPTION OF THE BUSINESS
EXPERIENCE OF THE MANAGER OR COMPANY IN THE OPERATION OR
MANAGEMENT OF SIMILAR FACILITIES;

(VIII) A DESCRIPTION OF ANY MATTER IN WHICH ANY PERSON
IDENTIFIED IN ITEM (III)F (III)6 OF THIS PARAGRAPH:                             

A.      HAS BEEN CONVICTED OF A FELONY OR PLEADED NOLO
CONTENDERE TO A FELONY CHARGE, IF THE FELONY INVOLVED FRAUD,
EMBEZZLEMENT, FRAUDULENT CONVERSION, OR MISAPPROPRIATION OF
PROPERTY, OR HAS BEEN HELD LIABLE OR ENJOINED IN A CIVIL ACTION BY FINAL
JUDGEMENT IF THE CIVIL ACTION INVOLVED FRAUD, EMBEZZLEMENT,
FRAUDULENT CONVERSION, OR MISAPPROPRIATION AS A FIDUCIARY; OR

B.       WAS SUBJECT TO AN EFFECTIVE INJUNCTIVE OR
RESTRICTIVE ORDER OF A COURT OF RECORD OR, WITHIN THE PAST 10 YEARS, HAD
ANY STATE OR FEDERAL LICENSE OR PERMIT SUSPENDED OR REVOKED AS A
RESULT OF AN ACTION BROUGHT BY A GOVERNMENTAL AGENCY ARISING OUT OF
OR RELATING TO BUSINESS ACTIVITY OR HEALTH CARE, INCLUDING ACTIONS
AFFECTING A LICENSE TO OPERATE ANY FACILITY OR SERVICE FOR AGING,
IMPAIRED, OR DEPENDENT PERSONS;

(IX) A FINANCIAL PLAN IN A FORM REASONABLY ACCEPTABLE TO
THE OFFICE DEMONSTRATING THE PROJECTED EFFECTS OF THE SALE OR OTHER
TRANSFER ON THE FINANCIAL OPERATIONS OF THE PROVIDER AND THE FACILITY,
INCLUDING ANY OBLIGATIONS OF THE PROVIDER TO MAKE PAYMENTS IN
CONNECTION WITH THE SALE OR OTHER TRANSFER FROM THE FINANCIAL
RESOURCES OF THE PROVIDER OR THE FACILITY;

(X) A STATEMENT THAT DEMONSTRATES THAT THE SALE OR
OTHER TRANSFER IS NOT LIKELY TO HAVE AN UNREASONABLY ADVERSE IMPACT
ON THE FINANCIAL STABILITY OF THE PROVIDER OR UNREASONABLY ADVERSELY
AFFECT THE PROVIDER'S CAPACITY TO PERFORM ITS OBLIGATIONS UNDER THE
CONTINUING CARE AGREEMENTS TO WHICH IT IS A PARTY; AND

(IX) OTHER REASONABLE AND PERTINENT INFORMATION THAT
THE OFFICE REQUIRES.

- 2066 -