Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a)(1) A provider shall give without cost a disclosure statement for each facility for which the provider holds a preliminary, initial, or renewal certificate of registration:
(i) to a prospective subscriber before the earlier of payment of any part of the entrance fee or execution of a continuing care agreement; and
(ii) annually to any subscriber who requests a disclosure statement.
(2) A provider shall submit its initial disclosure statement to the Department for review at least 45 days before giving the statement to any prospective subscriber.
(b)(1) A provider shall revise the disclosure statement annually and file it with the Department within 120 days after the end of the provider's fiscal year.
(2) The Department shall review the disclosure statement solely to ensure compliance with § 10-425 of this subtitle.
(c)(1) An amended disclosure statement is subject to each requirement of this subtitle.
(2) A provider shall file an amended disclosure statement with the Department when it is delivered to a subscriber or prospective subscriber.
(d) A provider shall post the most recent disclosure statement on the provider's website.
Cite this article: FindLaw.com - Maryland Code, Human Services § 10-424 - last updated January 01, 2025 | https://codes.findlaw.com/md/human-services/md-code-human-serv-sect-10-424/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)