PARRIS N. GLENDENING, Governor                             Ch. 346

(5)     GRANTS OF MORTGAGES, DEEDS OF TRUST, OR SECURITY
INTERESTS TO UNRELATED THIRD PARTIES;

(6)     THOSE INVOLVING EASEMENTS, RIGHTS-OF-WAY, ROAD
WIDENINGS, AND SIMILAR CONVEYANCES FOR THE BENEFIT OF PUBLIC BODIES OR
UTILITIES;

(7)     THOSE MADE FOR AN EXPANSION OR RENOVATION; AND

(8)     ANY OTHER SALES, TRANSFERS, OR OTHER DISPOSITIONS
IDENTIFIED BY THE OFFICE IN REGULATIONS AS APPROPRIATE TO FALL WITHIN
THIS SUBSECTION.

(C) (1) A PROVIDER SUBJECT TO SUBSECTION (A)(1) OF THIS SECTION
SHALL, AT LEAST 60 DAYS BEFORE THE SALE, TRANSFER, OR OTHER DISPOSITION,
FILE WITH THE OFFICE A STATEMENT OF INTENT TO SELL, TRANSFER, OR
OTHERWISE DISPOSE OF ASSETS, AND, AT LEAST 30 DAYS BEFORE THE SALE,
TRANSFER, OR OTHER DISPOSITION, GIVE WRITTEN NOTICE OF THE PROPOSED
SALE, TRANSFER, OR OTHER DISPOSITION TO THE OFFICE.

(2)     NOTICE TO THE OFFICE REQUIRED BY PARAGRAPH (1)(I) OF THIS
SUBSECTION SHALL INCLUDE THE FOLLOWING INFORMATION:

(2) THE STATEMENT OF INTENT REQUIRED TO BE FILED WITH THE
OFFICE UNDER PARAGRAPH (1) OF THIS SUBSECTION SHALL INCLUDE THE
FOLLOWING INFORMATION:

(I) IDENTIFICATION OF THE ASSET OR ASSETS TO BE SOLD,
TRANSFERRED, OR OTHERWISE DISPOSED OF;

(II) IF THE PROVIDER IS SUBJECT TO SUBSECTION (A) OF THIS
SECTION BY REASON OF A SERIES OF SALES, TRANSFERS, OR OTHER DISPOSITIONS
THAT HAVE EXCEEDED CUMULATIVELY THE 10% AMOUNT, THEN THE PROVIDER
SHALL IDENTIFY ALL OF THE ASSETS THAT HAVE RESULTED CUMULATIVELY IN
EXCEEDING THE 10% AMOUNT; AND

(III) THE REASON FOR THE SALE, TRANSFER, OR OTHER
DISPOSITION IDENTIFIED IN PARAGRAPH (2) (I) OF THIS SUBSECTION.

(3)     THE NOTICE TO THE OFFICE REQUIRED BY PARAGRAPH (1)(II)
PARAGRAPH (1) OF THIS SUBSECTION SHALL INCLUDE THE FOLLOWING
INFORMATION:

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

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

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