R590-273-2. Purpose and Scope

(1) The purpose of this rule is to: (a) define financial hardship; (b) establish procedures to register or renew as a provider; (c) determine when an additional reserve fund is necessary; (d) determine market value of land and infrastructure improvements of a facility in liquidation; (e) set forth conditions when a lien is superior to a property lease; and (f) establish enforcement procedures. (2) This rule applies to a provider that markets a continuing care facility project.