Indiana § 16-29-2-7 - Ownership interest in certificates of need; transfer or alienation
Full text of Indiana Indiana Code § 16-29-2-7 — Ownership interest in certificates of need; transfer or alienation, with citation guidance and answers to common questions.
§ 16-29-2-7. Ownership interest in certificates of need; transfer or alienation
Sec. 7. The individual, partnership, corporation, or other legal entity to whom a certificate of need has been granted after the review and approval required by this chapter is the owner of the certificate of need until the individual or legal entity transfers or alienates that ownership interest in the certificate. Unless the certificate of need expires or is voided, the issued certificate of need is the personal property of the owner and is freely transferable or alienable, except that the certificate of need may not be used outside of the county with respect to which the certificate was issued.
[Pre-1993 Recodification Citation: 16-10-4-9.5(g).]
As added by P.L.2-1993, SEC.12.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 16-29-2-7
What does Indiana Code § 16-29-2-7 cover?
Section 16-29-2-7 ("Ownership interest in certificates of need; transfer or alienation") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 16-29-2-7?
A common citation format is "Indiana Code § 16-29-2-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 16-29-2-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.