Title: Section 87.11 - Use of funds of the company

87.11 Use of funds of the company.

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.
 

Volume

VOLUME A-2 (Title 10)

up