N.Y. Comp. Codes R. & Regs. tit. 10 § 600.10

Current through Register Vol. 46, No. 24, June 12, 2024
Section 600.10 - Agents, nominees and fiduciaries

Agents, nominees and fiduciaries whether testamentary or inter vivos shall not be considered proper applicants for establishment, transfer of interest or transfer of stock of a facility except that the following persons may apply for establishment approval in accordance with and subject to the requirements and conditions set forth in article 28 of the Public Health Law:

(a) a natural person appointed as trustee of an express testamentary trust created by a deceased sole proprietor, partner or shareholder in the operation of a hospital for the benefit of a person less than 25 years of age; or
(b) a natural person appointed conservator pursuant to article 77 of the Mental Hygiene Law or a natural person appointed committee of the property of an incompetent pursuant to article 78 of the Mental Hygiene Law or a sole proprietor, partner or shareholder of a hospital, with respect to a hospital owned by a conservatee or incompetent.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 600.10