Section 10-440 - Removal of records or assets from State. - Maryland Statutes

§ 10-440. Removal of records or assets from State.
 

(a)  In general.- A provider may not remove a record or asset of the provider related to the operation of a facility or the provision of services under a continuing care agreement from the State unless the Department consents in writing. 

(b)  Consent of Department.- Consent shall be based on the provider's submission of satisfactory evidence that the removal: 

(1) will facilitate and make the operations of the provider more economical; and 

(2) will not diminish the service or protection to be given to the provider's subscribers in the State. 
 

[An. Code 1957, art. 70B, § 12; 2007, ch. 3, § 2.]