| (a) A proposed acquisition of control will be disapproved
if, after notice and opportunity for hearing, the commissioner determines
that:
(1) immediately following the change of control, the
certificate holder would not be able to satisfy the requirements for
the issuance of a certificate of authority;
(2) the competence, trustworthiness, experience, and
integrity of the individuals who would control the operation of the
certificate holder are such that it would not be in the interest of
health care services consumers in this state to permit the acquisition
of control; or
(3) the acquisition of control would violate this code
or another law of this state, any law of another state, or of the
United States.
(b) Notwithstanding subsection (a) of this section,
a change in control is considered approved if the commissioner has
not, before the 61st day after the date on which the department receives
all information required by this division:
(1) acted on the proposed change of control; or
(2) required that the HCC file an application for renewal
as a result of the proposed change of control.
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