N.Y. Comp. Codes R. & Regs. tit. 10 § 87.11
Current through Register Vol. 46, No. 50, December 11, 2024
Funds of a nursing home company shall not be used for any purpose other than the ordinary operation of the project, without the prior written approval of the State Department of Health. Company funds shall not be invested without the approval of the State Department of Health. No loans shall be made at any time.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 87.11