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Ch.3
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Martin O'Malley, Governor
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(I) VIOLATION OF THIS SUBTITLE;
(II) VIOLATION OF A REGULATION THE DEPARTMENT ADOPTS
UNDER THIS SUBTITLE;
(III) MISREPRESENTATION; OR
(IV) SUBMISSION OF A FALSE FINANCIAL STATEMENT.
(2) THE DEPARTMENT SHALL SET FORTH IN WRITING ITS REASONS FOR
A DENIAL, SUSPENSION, OR REVOCATION.
(C) APPEAL.
TITLE 10, SUBTITLE 2 OF THE STATE GOVERNMENT ARTICLE GOVERNS THE
APPEAL OF A DENIAL, REVOCATION, OR SUSPENSION.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 70B, § 22.
In subsection (c) of this section, the reference to "Title 10, Subtitle 2 of the
State Government Article" is substituted for the former reference to "[t]he
Maryland Administrative Procedure Act" for accuracy and consistency with
§ 10-210 of this title.
Also in subsection (c) of this section, the former reference to "[t]he
proceedings ... [being] conducted in accordance with" is deleted as
surplusage.
Defined term: "Department" § 10-101
10-417. RESERVED.
10-418. RESERVED.
GENERAL REVISOR'S NOTE TO PART:
Throughout this part, references to "proposed advertisements", "advertising
campaigns", and "other promotional materials" are substituted for the former
references to "any advertising campaign or proposed advertisement", "any advertising
campaign, advertisement, or other promotional material", "all advertising and other
promotional materials", "any advertisement or advertising campaign", and "any
advertising campaign, proposed advertisement, or other promotional materials" for
consistency throughout this part and with Part VI of this subtitle.
PART III. PROVIDERS.
10-419. "NET OPERATING EXPENSES" DEFINED.
IN THIS PART, "NET OPERATING EXPENSES" MEANS THE TOTAL OPERATING
EXPENSES AT EACH FACILITY OF A PROVIDER LESS DEPRECIATION, AMORTIZATION,
UNUSUAL AND INFREQUENT EXPENSES, CHANGES IN THE OBLIGATION TO PROVIDE
FUTURE SERVICES, AND CHANGES IN THE FAIR MARKET VALUE OF INTEREST RATE
SWAP AGREEMENTS NOT INVOLVING AN EXCHANGE OF FUNDS.
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- 445 -
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