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<section article="gec" article_name="Economic Development" number="10-346" title_number="10" title_name="Statewide Development Resources and Revenue Authorities" subtitle_number="3" subtitle_name="Maryland Health and Higher Educational Facilities Authority">
  <level label="a">
    <level label="1">
      <text>A hospital that intends to close or is scheduled to be delicensed shall provide the Authority and the Health Services Cost Review Commission with a written statement of any outstanding public obligations issued on its behalf.</text>
    </level>
    <level label="2">
      <text>The statement shall include:</text>
      <level label="i">
        <text>the name of each issuer of the public obligation;</text>
      </level>
      <level label="ii">
        <text>the outstanding principal amount of each public obligation;</text>
      </level>
      <level label="iii">
        <text>the due dates for payment or any mandatory redemption or purchase of each public obligation;</text>
      </level>
      <level label="iv">
        <text>the due dates for the payment of interest on each public obligation and the interest rates; and</text>
      </level>
      <level label="v">
        <text>the documents and information about the public obligation that the Authority or the Health Services Cost Review Commission requests.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>A hospital with public obligations issued on or after October 1, 2008, that intends to close or is scheduled to be delicensed, shall provide to the Secretary of Health a closure plan that is acceptable to the Secretary, in consultation with the Maryland Health Care Commission.</text>
    </level>
    <level label="2">
      <text>The closure plan required under this subsection shall include the plan of the hospital for the provision of care to its patients and to the population in its service area.</text>
    </level>
  </level>
  <level label="c">
    <text>The hospital shall file the items required under subsections (a) and (b) of this section:</text>
    <level label="1">
      <text>within 10 days after the date of filing the written notice of intent to close under § 19–120(l) of the Health – General Article with the Maryland Health Care Commission; or</text>
    </level>
    <level label="2">
      <text>at least 150 days before the scheduled date of delicensure under § 19–325 of the Health – General Article.</text>
    </level>
  </level>
</section>
