State Codes and Statutes
Statutes > Maryland > Human-services > Title-10 > Subtitle-4 > 10-419§ 10-419. "Net operating expenses" defined.
In this part, "net operating expenses" means the total operating expenses at each facility of a provider, less depreciation, amortization, unusual and infrequent expenses, changes in the obligation to provide future services, and changes in the fair market value of interest rate swap agreements not involving an exchange of funds.
[An. Code 1957, art. 70B, § 11B(a); 2007, ch. 3, § 2.]
