26 Tex. Admin. Code § 550.119
Notification Procedures for a Change in Administration and Management
Effective Oct 16, 202449 TexReg 7929Source Note: The provisions of this §550.119 adopted to be effective September 1, 2014, 39 TexReg 6569; transferred effective May 1, 2019, as published in the Texas Register April 12, 2019, 44 TexReg 1875; amended to be effective October 16, 2024, 49 TexReg 7929.Texas Secretary of State
(a) If a change occurs in the following management staff, a center must report the change to HHSC by submitting notification through the application in the online portal no later than seven days after the date of a change in:
- (1) administrator;
- (2) chief financial officer; or
(3) controlling person, as defined in §550.5 of this chapter (relating to Definitions), including:
- (A) a change of five percent or more of the controlling interest of a limited partner in a limited partnership or the addition of a controlling person to the limited partnership; or
- (B) a change of five percent or more of the controlling interest in a for-profit corporation or limited liability company.
- (b) A change in the management staff listed in subsection (a) of this section requires HHSC review and approval. HHSC reviews the required documents and information submitted. HHSC provides notification to a center through the application in the online portal if a person listed in subsection (a) of this section does not meet the required qualifications described in §550.101 of this chapter (relating to Criteria and Eligibility for a License).
Source Note:The provisions of this §550.119 adopted to be effective September 1, 2014, 39 TexReg 6569; transferred effective May 1, 2019, as published in the Texas Register April 12, 2019, 44 TexReg 1875; amended to be effective October 16, 2024, 49 TexReg 7929.