Ala. Admin. Code r. 410-1-2-.13

Current through Register Vol. 42, No. 8, May 31, 2024

Section 410-1-2-.13 - Firm Commitment Or Obligation

(1) Such terms shall mean and include:

(a) Any executed, enforceable, unconditional written agreement or contract not subject to unilateral cancellation for the acquisition or construction of a health care facility or purchase of equipment therefor;

(b) Actual construction of facilities peculiarly adapted to the furnishing of one or more particular services and with the bona fide intention of furnishing such service or services; and

(c) Any executed, unconditional written agreement not subject to unilateral cancellation for the bona fide purpose of furnishing one or more services.

Author: State Health Planning and Development Agency

Ala. Admin. Code r. 410-1-2-.13

Amended: Filed February 26, 1991; effective April 2, 1991.

Statutory Authority:Code of Ala. 1975, § 22-21-260.