Section 330.1220. Transferal of hospital license.

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(1) A hospital license is not transferable. A change in location, ownership, or program shall require a new application for license.

(2) The department shall be notified in advance of a change. The existing license shall be void as of the date of the change and returned to the department.

(3) A change of ownership shall be reported to the department when there is a sale or transfer of 10% or more of the stock of a corporation owning a licensed hospital. The existing license shall be void as of the date of this change and returned to the department.

History: 1979 AC.

                    
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