§ 16-27-4-17 — Disclosure of ownership

(a) Disclosure of ownership and
management information must be made to the state department:
(1) at the time of the personal services agency's request for
licensure;
(2) during each survey of the personal services agency; and
(3) when there is a change in the management or in an ownership
interest of more than five percent (5%) of the personal services
agency.
(b) The disclosure under subsection (a) must include the following:
(1) The name and address of all persons having at least five
percent (5%) ownership or controlling interest in the personal
services agency.
(2) The name and address of each person who is an officer, a
director, a managing agent, or a managing employee of the
personal services agency.
(3) The name and address of the person responsible for the
management of the personal services agency.
(4) The name and address of the chief executive officer and the
chairperson (or holder of the equivalent position) of the governing
body that is responsible for the person identified under
subdivision (3).
(c) The determination of an ownership interest and the percentage
of an ownership interest under this chapter must be determined under
42 CFR 420.201 and 42 CFR 420.202, as in effect on July 1, 2005.

Legislative History

As added by P.L.212-2005, SEC.18. Amended by P.L.7-2015, SEC.42.