- (1) "Change of Ownership" (CHOW) means the owner of a licensed and certified nursing care facility program (transferor) transfers ownership of that program to another entity (transferee).
- (2) "Transferor" is the entity or nursing care facility program transferring ownership to another entity.
- (3) "Transferee" is the entity receiving ownership of the nursing care facility program from another entity.
- (4) "Independent analysis" referred to in Subsection 26B-3-311(5)(b) means an analysis performed by independent third-party certified public accountants in accordance with generally accepted accounting principles.
KEY: Medicaid
Date of Last Change: June 19, 2025
Notice of Continuation: December 30, 2022
Authorizing, and Implemented or Interpreted Law: 26B-3-108 ; 26B-3-115; 26B-3-311