§ 58-64-30. Annual disclosure statement revision. - North Carolina Statutes

§ 58‑64‑30. Annual disclosure statement revision.

(a)        Within 150 daysfollowing the end of each fiscal year, the provider shall file with theCommissioner a revised disclosure statement setting forth current informationrequired pursuant to G.S. 58‑64‑20. The provider shall also makethis revised disclosure statement available to all the residents of thefacility. This revised disclosure statement shall include a narrativedescribing any material differences between (i) the forecasted statements ofrevenues and expenses and cash flows or other forecasted financial data filedpursuant to G.S. 58‑64‑20 as a part of the disclosure statementrecorded most immediately subsequent to the start of the provider's mostrecently completed fiscal year and (ii) the actual results of operations duringthat fiscal year, together with the revised forecasted statements of revenuesand expenses and cash flows or other forecasted financial data being filed as apart of the revised disclosure statement. A provider may also revise itsdisclosure statement and have the revised disclosure statement recorded at anyother time if, in the opinion of the provider, revision is necessary to preventan otherwise current disclosure statement from containing a materialmisstatement of fact or omitting a material fact required to be stated therein.Only the most recently recorded disclosure statement, with respect to afacility, and in any event, only a disclosure statement dated within one yearplus 150 days prior to the date of delivery, shall be considered current forpurposes of this Article or delivered pursuant to G.S. 58‑64‑20.

(b)        The annualdisclosure statement required to be filed with the Commissioner under thissection shall be accompanied by an annual filing fee of one thousand dollars($1,000).  (1989,c. 758, s. 1; 2003‑193, s. 7; 2009‑451, s. 21.9(b).)