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§ 10-424. Disclosure statements--In general

West's Annotated Code of MarylandHuman ServicesEffective: October 1, 2007

West's Annotated Code of Maryland
Human Services (Refs & Annos)
Title 10. Department of Aging (Refs & Annos)
Subtitle 4. Continuing Care (Refs & Annos)
Part III. Providers (Refs & Annos)
Effective: October 1, 2007
MD Code, Human Services, § 10-424
§ 10-424. Disclosure statements--In general
Required
(a)(1) A provider shall give without cost a disclosure statement for each facility for which the provider holds a preliminary, initial, or renewal certificate of registration:
(i) to a prospective subscriber before the earlier of payment of any part of the entrance fee or execution of a continuing care agreement; and
(ii) annually to any subscriber who requests a disclosure statement.
(2) A provider shall submit its initial disclosure statement to the Department for review at least 45 days before giving the statement to any prospective subscriber.
Annual revisions
(b)(1) A provider shall revise the disclosure statement annually and file it with the Department within 120 days after the end of the provider's fiscal year.
(2) The Department shall review the disclosure statement solely to ensure compliance with § 10-425 of this subtitle.
Amended statements
(c)(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.

Credits

Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007.
MD Code, Human Services, § 10-424, MD HUMAN SERV § 10-424
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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