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2007 Laws of Maryland
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Ch.3
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(1) AN AMENDED DISCLOSURE STATEMENT IS SUBJECT TO EACH
REQUIREMENT OF THIS SUBTITLE.
(2) A PROVIDER SHALL FILE AN AMENDED DISCLOSURE STATEMENT
WITH THE DEPARTMENT WHEN IT IS DELIVERED TO A SUBSCRIBER OR PROSPECTIVE
SUBSCRIBER
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 70B, § 11C(a), (b), and (e).
Defined terms: "Continuing care agreement" § 10-401
"Department" § 10-101
"Entrance fee" § 10-401
"Facility" § 10-401
"Provider" § 10-401
"Subscriber" § 10-401
10-425. DISCLOSURE STATEMENTS — CONTENTS.
(A) IN GENERAL.
A DISCLOSURE STATEMENT SHALL INCLUDE:
(1) THE NAME, ADDRESS, AND DESCRIPTION OF THE FACILITY AND THE
IDENTITY OF THE OWNER OR OWNERS OF THE FACILITY AND THE LAND ON WHICH IT
IS LOCATED;
(2) THE NAME AND ADDRESS OF THE PROVIDER AND OF ANY PARENT OR
SUBSIDIARY;
(3) 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;
(II) FOR A PARTNERSHIP, THE NAMES OF THE GENERAL PARTNERS,
THE STATE GOVERNING ITS FORMATION, AND THE NAME OF THE PRIMARY
INDIVIDUAL RESPONSIBLE FOR MANAGING IT;
(III) FOR AN UNINCORPORATED ASSOCIATION, THE NAMES OF THE
MEMBERS, THE STATE GOVERNING ITS ACTIVITIES, AND THE NAME OF THE PRIMARY
INDIVIDUAL RESPONSIBLE FOR MANAGING IT;
(IV) FOR A PARTNERSHIP THAT HAS A CORPORATION OR LIMITED
LIABILITY COMPANY AS ONE OR MORE OF ITS GENERAL PARTNERS, THE NAME OF
EACH CORPORATION OR LIMITED LIABILITY COMPANY, THE STATE IN WHICH IT IS
INCORPORATED OR FORMED, AND THE NAME OF THE CHIEF EXECUTIVE OFFICER;
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