Ohio § 5124.527 Release of amount withheld on postponement of change of operator

Ohio Statutes

§ 5124.527 — Release of amount withheld on postponement of change of operator

Ohio § 5124.527

Title 51Public Welfare

Ch. 5124Intermediate Care Facility for Individuals with Intellectual Disabilities Services

This text of Ohio § 5124.527 (Release of amount withheld on postponement of change of operator) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5124.527 (2026).

Text

The department of developmental disabilities,  at its sole discretion, may release the amount withheld under  division (A) of section5124.521of the Revised Code if the  exiting operator submits to the department written notice of a  postponement of a change of operator, facility closure, or  voluntary termination and the transactions leading to the change  of operator, facility closure, or voluntary termination are  postponed for at least thirty days but less than ninety days after  the date originally proposed for the change of operator, facility  closure, or voluntary termination as reported in the written  notice required by section5124.50or5124.51of the Revised Code.  The department shall release the amount withheld if the exiting  operator submits to the department written notice of a

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The department of developmental disabilities, at its sole discretion, may release the amount withheld under division (A) of section5124.521of the Revised Code if the exiting operator submits to the department written notice of a postponement of a change of operator, facility closure, or voluntary termination and the transactions leading to the change of operator, facility closure, or voluntary termination are postponed for at least thirty days but less than ninety days after the date originally proposed for the change of operator, facility closure, or voluntary termination as reported in the written notice required by section5124.50or5124.51of the Revised Code. The department shall release the amount withheld if the exiting operator submits to the department written notice of a cancellation or postponement of a change of operator, facility closure, or voluntary termination and the transactions leading to the change of operator, facility closure, or voluntary termination are canceled or postponed for more than ninety days after the date originally proposed for the change of operator, facility closure, or voluntary termination as reported in the written notice required by section5124.50or5124.51of the Revised Code. A written notice shall be provided to the department in accordance with the method specified in rules authorized by section5124.53of the Revised Code.

After the department receives a written notice regarding a cancellation or postponement of a facility closure or voluntary termination, the exiting operator or owner shall provide new written notice to the department under section5124.50of the Revised Code regarding any transactions leading to a facility closure or voluntary termination at a future time. After the department receives a written notice regarding a cancellation or postponement of a change of operator, the exiting operator or owner and entering operator shall provide new written notice to the department under section5124.51of the Revised Code regarding any transactions leading to a change of operator at a future time.