10 CRR-NY 87.30NY-CRR
10 CRR-NY 87.30
10 CRR-NY 87.30
87.30 General requirements.
(a) The terms eligible borrower, mortgagor or hospital as used in this Part shall mean a not-for-profit hospital or medical corporation that has entered into a regulatory agreement with the commissioner.
(b) A hospital is required to comply with all applicable provisions of law, including, but not limited to, the Private Housing Finance Law and the New York State Medical Care Facilities Finance Agency Act, the Public Health Law, the State Hospital Code and the administrative rules and regulations of the State Commissioner of Health.
(c) A hospital shall apply for the prior approval of construction of the facility in accordance with the provisions of section 2802 of the Public Health Law and the State Hospital Code.
(d) A hospital shall apply for a mortgage loan by setting forth in the application for construction the amount of the proposed mortgage loan requested for development of the project.
10 CRR-NY 87.30
Current through September 15, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.