Okla. Admin. Code § 310:661-2-4
Transfer of ownership of a licensed hospice
Effective Sep 11, 202239 Ok Reg 1375Added at 14 Ok Reg 2106, eff 4-7-97 (emergency); Added at 14 Ok Reg 2269, eff 6-12-97; Amended at 21 Ok Reg 1303, eff 5-27-04; Amended at 23 Ok Reg 2412, eff 6-25-06; Amended at 26 Ok Reg 2042, eff 6-25-09; Amended at 39 Ok Reg 1375, eff 9-11-22Oklahoma State Department of Health
- (a) The license of a hospice shall not be subject to sale, assignment, or other transfer, voluntary or involuntary.
(b) If an entity is considering acquiring a licensed hospice, then it must submit to the Department 30 days before the effective date of the acquisition:
- (1) an application [See OAC 310:661-2-5];
- (2) a non-refundable two thousand dollars ($2,000) fee [See OAC 310:661-2-6];
- (3) a copy of the executed sales agreement; and
- (4) an additional five hundred dollars ($500) for each alternate administrative office operated by the agency, if applicable.
(c) The following actions will not be considered a transfer of ownership or change in control requiring this subsection to apply:
- (1) Change of a corporate or limited liability company licensee's name through amendments of the articles of incorporation or membership agreement.
- (2) Sale of stock of a corporation.
- (3) Sale or merger of a corporation that owns the hospice operating entity.
- (4) Sale of membership interest of a limited liability company.
Added at 14 Ok Reg 2106, eff 4-7-97 (emergency)
Added at 14 Ok Reg 2269, eff 6-12-97
Amended at 21 Ok Reg 1303, eff 5-27-04
Amended at 23 Ok Reg 2412, eff 6-25-06
Amended at 26 Ok Reg 2042, eff 6-25-09
Amended at 39 Ok Reg 1375, eff 9-11-22