State Codes and Statutes
Statutes > Maryland > Human-services > Title-10 > Subtitle-4 > 10-422§ 10-422. Operating reserves - Drawing funds from reserves.
(a) Notice of withdrawal.- A provider shall notify the Department in writing immediately on the withdrawal of any amount from the funds available to satisfy the operating reserves required by § 10-420(b) of this subtitle.
(b) Written plan.- Within 30 days after making a withdrawal described in subsection (a) of this section, the provider shall submit to the Department a written plan for restoring the reserves to the level required by § 10-420(b) of this subtitle.
[An. Code 1957, art. 70B, § 11B(f); 2007, ch. 3, § 2.]
