Delaware Statutes
§ 9004 — Subsidy contract — Department determination of eligibility
The Department shall consider each application for a subsidy contract. The Department shall either recommend or disapprove each such application and advise the issuing officers of its decision. No favorable recommendation shall be made by the Department unless the Department shall find and determine that:
(1)The applicant is a health facilities corporation;
(2)The health facilities corporation is in sound financial condition and is reasonably expected to remain in sound financial condition during the term of the subsidy contract;
(3)There exists a need for the health facility for which the subsidy contract is sought, taking into account the existing and planned health facilities in the State; and
(4)The health facilities corporation has a managerial, administrative and medical staf
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Legislative History
16 Del. C. 1953, §§ 9003, 9004; 56 Del. Laws, c. 363 ; 59 Del. Laws, c. 455, § 4 ; 64 Del. Laws, c. 463, § 1 ; 70 Del. Laws, c. 149, § 201
Nearby Sections
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§ 9001
Created; purpose§ 9002
Definitions§ 9008
Management of Fund§ 901
Purpose§ 902
Definitions§ 903
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