Current through November, 2024
Section 11-94.2-19 - Ownership and financial capability(a) The facility shall provide the department with current information about ownership of the facility including:(1) The name of each person who has an ownership interest of ten per cent or more in the facility;(2) The name of each person who is the owner (in whole or in part) of any mortgage, deed or trust, note, or other obligation secured (in whole or in part) by the facility;(3) The officers and directors of the corporation, if the facility is organized as a corporation, is incorporated, or is a limited liability company, and any changes in the officers and directors; and(4) The name of each partner if the facility is organized as a partnership.(b) The owner shall provide evidence as deemed necessary by the department to establish that the financial resources of the owner are sufficient to operate and maintain the facility according to the standards set forth in this chapter.Haw. Code R. § 11-94.2-19
[Eff 9/16/2022] (Auth: HRS §§ 321-9, 321-11) (Imp: HRS §§ 321-9, 321-11)