4550 – Definitions.
§ 4550. Definitions. For the purposes of this article, the following terms shall have the following meanings: 1. “Control” means the possession, direct or indirect, of the power to direct or cause the direction of the management, administrative functions, and policies of a health care entity, whether through the ownership of voting securities or rights, […]
4551 – Disclosure of Material Transactions.
§ 4551. Disclosure of material transactions. Pursuant to this article, the department shall adopt a process for the disclosure and notice of material transactions. The items disclosed shall include the factors listed in this article. Nothing in this article shall limit or restrict the authority of the superintendent of financial services under article fifteen, sixteen, […]
4552 – Notice of Material Transactions; Requirements.
§ 4552. Notice of material transactions; requirements. 1. A health care entity shall submit to the department written notice, with supporting documentation as described below and further defined in regulation developed by the department, which the department shall be in receipt of at least thirty days before the closing date of the transaction, in the […]