Md. Code Regs. 30.09.05.05

Current through Register Vol. 51, No. 22, November 1, 2024

Section 30.09.05.05 - Merger or Acquisition

A. The owner of a Maryland licensed commercial ambulance service wishing to merge with or acquire the assets or stock of another Maryland licensed commercial ambulance service may submit a letter of intent for the purpose of transferring the service and ambulance licenses to the successor service.

B. Information submitted to SOCALR relating to the possible transfer of vehicle licenses in a potential merger or acquisition are confidential until a license is issued to the successor, except as otherwise required by law.

C. If a successor service continues to do business in the name of and at the principal address of a merged or acquired service as it appears on the service license issued to the merged or acquired service and vehicles are not added at the time of merger or acquisition, the ground ambulance transfer fee is not imposed on the successor service in connection with the merger or acquisition.

D. If a successor service changes the name or principal address of a merged or acquired service or any other information appearing on a ground ambulance license, a transfer fee shall be paid for each ground ambulance which is relicensed.

E. The licensing fee required by COMAR 30.09.04.07C shall be paid for any additional ground ambulances licensed at the time of a merger or acquisition.

Md. Code Regs. 30.09.05.05

Regulations .05, Operational Requirements, repealed effective January 10, 2000 (26:27 Md. R. 2017)
Regulations .05, Issuance, Transfer, and Relinquishment of Licenses, adopted effective January 10, 2000 (26:27 Md. R. 2017)
Regulation .05C_E amended effective October 15, 2004 (31:20 Md. R. 1486)
Regulations .05 effective October 15, 2004 (31:20 Md. R. 1486)