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2007 Laws of Maryland
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Ch.3
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(1) STATE THAT THE PROVIDER MAY USE ALL DEPOSITS AND ENTRANCE
FEES AT ANY TIME; OR
(2) DESCRIBE ANY APPLICABLE LIMITATIONS ON THE USE OF DEPOSITS
AND ENTRANCE FEES.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 70B, § 10(c) and (c-1).
In subsection (a)(1) of this section, the reference to "the provider's"
feasibility study is added for clarity.
In the introductory language of subsections (c) and (d) of this section, the
former reference to written approval to withdraw deposits "under § 11(c) of
this subtitle" is deleted for accuracy. Former Art. 70B, § 11(c), which is
revised in § 10-412(f) of this subtitle, did not expressly authorize the
issuance of written approval to withdraw deposits. This deletion is called
to the attention of the General Assembly.
Defined terms: "Continuing care agreement" § 10-401
"Department" § 10-101
"Deposit" § 10-401
"Entrance fee" § 10-401
"Processing fee" § 10-401
"Provider" § 10-401
"Subscriber" § 10-401
10-411. PRELIMINARY CERTIFICATE OF REGISTRATION.
(A) REQUIRED.
A PROVIDER MAY NOT ENTER INTO A CONTINUING CARE AGREEMENT UNTIL
THE DEPARTMENT ISSUES A PRELIMINARY CERTIFICATE OF REGISTRATION.
(B) APPLICATION — FORM.
AN APPLICATION FOR A PRELIMINARY CERTIFICATE OF REGISTRATION SHALL
BE FILED IN A FORM SATISFACTORY TO THE DEPARTMENT.
(C) APPLICATION — CONTENTS.
AN APPLICATION SHALL INCLUDE AT LEAST THE FOLLOWING INFORMATION:
(1) THE NAME AND ADDRESS OF THE FACILITY AND THE NAME AND
ADDRESS OF ANY AFFILIATE, PARENT, OR SUBSIDIARY;
(2) THE ORGANIZATIONAL STRUCTURE AND MANAGEMENT OF THE
PROVIDER INCLUDING:
(I) FOR A CORPORATION OR LIMITED LIABILITY COMPANY, ITS
NAME, THE STATE IN WHICH IT IS INCORPORATED OR FORMED, AND THE NAME OF
THE CHIEF EXECUTIVE OFFICER;
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- 434 -
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