SECTION 310:600-3-7. Transfer or change of ownership

Latest version.

(a)   The license is not transferable or assignable.
(b)   If an abortion facility undergoes a change in the legal operating entity, the new entity that will operate the facility shall file an application for initial license sixty (60) days in advance of the change.
(c)   A sale of stock in an operating corporation or a sale of membership shares in a limited liability company operating entity shall not be considered a change in ownership if these sales do not result in a change in facility operations.

[Source: Added at 15 Ok Reg 3172, eff 7-13-98]

                    
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