Indiana § 16-29-2-7 Ownership interest in certificates of need; transfer or alienation

Indiana Statutes

§ 16-29-2-7 — Ownership interest in certificates of need; transfer or alienation

Indiana § 16-29-2-7

Title 16HEALTH

Art. 29LIMITATIONS ON VARIOUS HEALTH SERVICE

Ch. 2Specialized Services

This text of Indiana § 16-29-2-7 (Ownership interest in certificates of need; transfer or alienation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 16-29-2-7 (2026).

Text

The individual, partnership, corporation, or
other legal entity to whom a certificate of need has been granted after
the review and approval required by this chapter is the owner of the
certificate of need until the individual or legal entity transfers or
alienates that ownership interest in the certificate. Unless the certificate
of need expires or is voided, the issued certificate of need is the
personal property of the owner and is freely transferable or alienable,
except that the certificate of need may not be used outside of the county
with respect to which the certificate was issued.
[Pre-1993 Recodification Citation: 16-10-4-9.5(g).]

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The individual, partnership, corporation, or
other legal entity to whom a certificate of need has been granted after
the review and approval required by this chapter is the owner of the
certificate of need until the individual or legal entity transfers or
alienates that ownership interest in the certificate. Unless the certificate
of need expires or is voided, the issued certificate of need is the
personal property of the owner and is freely transferable or alienable,
except that the certificate of need may not be used outside of the county
with respect to which the certificate was issued.
[Pre-1993 Recodification Citation: 16-10-4-9.5(g).]