Section R. 330.1220 - Transferal of hospital licenseRule 1220.
(1) A hospital license is not transferable. A change in location, ownership, or program shall require a new application for license.(2) The department shall be notified in advance of a change. The existing license shall be void as of the date of the change and returned to the department.(3) A change of ownership shall be reported to the department when there is a sale or transfer of 10% or more of the stock of a corporation owning a licensed hospital. The existing license shall be void as of the date of this change and returned to the department.Mich. Admin. Code R. 330.1220