A transfer of assets creates a debt due and owing to the department from the transferee in an amount equal to medical assistance provided to or on behalf of the transferor, on or after the date of the transfer of assets, but not exceeding the fair market value of the assets at the time of the transfer.

93 Acts, ch 106, §2; 96 Acts, ch 1107, §4; 2023 Acts, ch 19, §815

Referred to in §249F.3