SECTION 310:635-1-7. Financial resources  


Latest version.
  • (a)   The applicant shall demonstrate adequate financial resources for the new or expanded services and for the continued operation thereof.
    (b)   Sufficient capital must be available to initiate and operate the proposed project.
    (c)   Financial arrangements shall be reasonable and secure.
    (d)   The project shall be financially viable through three years beyond completion.
    (e)   Proposed charges must be in line with prevailing rates of similar institutions providing similar services in the general area.