Mich. Admin. Code R. 400.4106

Current through Vol. 24-22, December 15, 2024

Section R. 400.4106 - Original licensure; application

Rule 106. An applicant applying for an original license shall provide documentation of all of the following:

(a) Need for the type of program the institution proposes to provide.

(b) Sufficient financial resources to meet applicable licensing rules following the issuance of the initial license.

(c) A plan of financial accounting developed in accordance with generally accepted accounting practices.

Mich. Admin. Code R. 400.4106

1983 AACS; 2015 MR 9, Eff. June 8, 2015