Maryland § 10-424
Full text of Maryland Maryland Code § 10-424, with citation guidance and answers to common questions.
§ 10-424.
(a) (1) A provider shall give without cost a disclosure statement for each facility for which the provider holds a preliminary, initial, or renewal certificate of registration:
(i) to a prospective subscriber before the earlier of payment of any part of the entrance fee or execution of a continuing care agreement; and
(ii) annually to any subscriber who requests a disclosure statement.
(2) A provider shall submit its initial disclosure statement to the Department for review at least 45 days before giving the statement to any prospective subscriber.
(b) (1) A provider shall revise the disclosure statement annually and file it with the Department within 120 days after the end of the provider’s fiscal year.
(2) The Department shall review the disclosure statement solely to ensure compliance with § 10–425 of this subtitle.
(c) (1) An amended disclosure statement is subject to each requirement of this subtitle.
(2) A provider shall file an amended disclosure statement with the Department when it is delivered to a subscriber or prospective subscriber.
(d) A provider shall post the most recent disclosure statement on the provider’s website.
Frequently Asked Questions About Maryland § 10-424
What does Maryland Code § 10-424 cover?
Section 10-424 is part of the Maryland Code, the codified statutory law of Maryland. 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 Maryland § 10-424?
A common citation format is "Maryland Code § 10-424" (Maryland). 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 Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-424 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland 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 Maryland.