26 Tex. Admin. Code § 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.
Notes
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