PocketLaw | New York Laws | Nursing Home Companies

Nursing Home Companies

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Short Title.

Policy and Purposes of Article.

Definitions.

Nursing Home Companies; How Created.

Consent of Commissioner.

Prerequisites to Consent of Commissioner.

Powers and Limitations of a Nursing Home Company.

Members, Officers and Directors.

Loans.

Conditions and Security for Loans.

Rental Rates and Selection of Occupants.

Transfer of Real Property.

Supervision and Regulation.

Payment Out of Earnings of Limited-Profit Nursing Home Companies.

Tax Exemptions of Limited-Profit Nursing Home Companies.

Voluntary Dissolution.

Foreclosures and Judgments.

Fees and Charges.

Separability.