12 Va. Admin. Code § 5-410-170

Current through Register Vol. 41, No. 2, September 9, 2024

Section 12VAC5-410-170 - Ownership

A. There shall be disclosure of hospital ownership. In the case of corporations, all individuals or entities holding 5.0% or more of the total ownership shall be identified by name and address.

B. When the owner delegates the operation of a hospital to an individual, corporation or other legal entity by management contract or lease agreement, subsection A shall also be applicable to the operator.

Derived from VR355-33-500 § 2.1, eff. July 28, 1993; amended, Virginia Register Volume 11, Issue 8, eff. April 1, 1995.

Statutory Authority

§§ 32.1-12 and 32.1-127 of the Code of Virginia.