SECTION 558.25. Requirements for Change of Ownership

To apply for an initial change of ownership license, a prospective new owner must submit an initial license application to HHSC through the online portal in accordance with paragraph (2) of this subsection. The application must be complete and accurate, as described in §558.12(c) of this subchapter (relating to General Application), and the applicant must submit the appropriate license fee with the application.

(1) The change of ownership applicant must submit the complete and accurate initial application with full payment of required license fees at least 30 days before the anticipated date of sale or other transfer of ownership and before the expiration date of the license.

(A) HHSC may accept a change of ownership application less than 30 days before the effective date.

(B) HHSC may assess a late fee set out in §558.3(d) of this chapter (relating to License Fees).

(2) The change of ownership applicant must apply for the initial license in accordance with §558.23(a) of this subchapter (relating to Change of Ownership) and meet the criteria for a license as described in §558.11 of this subchapter (relating to Criteria and Eligibility for Licensing) and §558.13 of this subchapter (relating to Obtaining an Initial License).

(3) If an applicant submits a complete and accurate application through the online portal, has met all the criteria for a license, and HHSC has received funds constituting full payment of all required license fee HHSC issues the change of ownership applicant an initial license. The effective date of the license constitutes the licensure change of ownership date.

(4) The initial license issued to the new owner is valid for three years from the date of issuance.

Source Note: The provisions of this §558.25 adopted to be effective June 1, 2006, 31 TexReg 1455; amended to be effective September 1, 2008, 33 TexReg 1149; amended to be effective January 15, 2009, 34 TexReg 252; transferred effective May 1, 2019, as published in the April 12, 2019, issue of the Texas Register, 44 TexReg 1893; amended to be effective April 25, 2021, 46 TexReg 2427