§ 16-21-15-5 — Termination of certificate

(a) A hospital that is a party to a merger
agreement for at least five (5) years that was issued a certificate of
public advantage by the state department under this chapter may
voluntarily terminate the certificate of public advantage by filing notice
of termination with the state department in a manner prescribed by the
state department at least thirty (30) days before the hospital's requested
date of termination of the certificate.
(b) The state department shall grant a properly filed notice of
termination request made by a hospital under this section.

Legislative History

As added by P.L.104-2021, SEC.2.