<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".02" citation="COMAR 02.05.01.02" title_num="02" subtitle_num="05" chapter_num="01" heading="Definitions.">
  <paragraph num="A.">
    <text>In this chapter, the following terms have the meanings indicated.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Terms Defined.</text>
    <paragraph num="(1)">
      <text>“Acquisition” has the meaning stated in State Government Article, §6.5-101(b), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>“Application” means any documents or other materials filed with the Attorney General in accordance with State Government Article, §6.5-201, Annotated Code of Maryland, and Regulation .03 of this chapter.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>“Attorney General” means the Attorney General or a designee of the Attorney General.</text>
    </paragraph>
    <paragraph num="(4)">
      <text>“Board” means the board of directors, board of trustees, or other managing board of a corporation or institution.</text>
    </paragraph>
    <paragraph num="(5)">
      <text>“Certificate of need” has the meaning stated in Health-General Article, §19-114, Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(6)">
      <text>“Consideration” means any cash, stocks, or things of value promised by the transferee to the transferor for completion of the acquisition.</text>
    </paragraph>
    <paragraph num="(7)">
      <text>“Department” means the Secretary of Health or a designee of the Secretary of Health.</text>
    </paragraph>
    <paragraph num="(8)">
      <text>“Fair value” means the value of the transferor considering all relevant factors, including those set forth in State Government Article, §6.5-301(d), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(9)">
      <text>“Hospital” has the meaning stated in Health-General Article, §19-301(g), Annotated Code of Maryland.</text>
    </paragraph>
    <paragraph num="(10)">
      <text>“Material” means an original or any copy of any information or document, including a card, computerized record, correspondence, disc or diskette, drawing, electronic record, film or microfilm, form, map, photograph, photostat, recording, or tape.</text>
    </paragraph>
    <paragraph num="(11)">
      <text>“Modification” means a temporary or permanent condition that shall be satisfied or executed by the transferee or transferor, or both.</text>
    </paragraph>
    <paragraph num="(12)">
      <text>“Transferee” means the person in an acquisition that received the ownership or control of the nonprofit health entity that is the subject of the acquisition.</text>
    </paragraph>
    <paragraph num="(13)">
      <text>Transferor.</text>
      <paragraph num="(a)">
        <text>“Transferor” has the meaning stated in State Government Article, §6.5-101(b), Annotated Code of Maryland.</text>
      </paragraph>
      <paragraph num="(b)">
        <text>“Transferor” includes, for purposes of information sought during the application process, predecessor or merged entities.</text>
      </paragraph>
    </paragraph>
  </paragraph>
</regulation>