§ 10-422. Operating reserves -- Drawing funds from reserves

MD Human Svs Code § 10-422 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    A provider shall notify the Department in writing immediately on the withdrawal of any amount from the funds available to satisfy the operating reserves required by § 10–420(b) of this subtitle.

(b)    Within 30 days after making a withdrawal described in subsection (a) of this section, the provider shall submit to the Department a written plan for restoring the reserves to the level required by § 10–420(b) of this subtitle.