Alabama Administrative Code
Title 410 - STATE HEALTH PLANNING AND DEVELOPMENT AGENCY
Chapter 410-1-2 - DEFINITIONS
Section 410-1-2-.13 - Firm Commitment Or Obligation
Universal Citation: AL Admin Code R 410-1-2-.13
Current through Register Vol. 42, No. 11, August 30, 2024
(1) Such terms shall mean and include:
(a) Any executed, enforceable, unconditional
written agreement or contract not subject to unilateral cancellation for the
acquisition or construction of a health care facility or purchase of equipment
therefor;
(b) Actual construction
of facilities peculiarly adapted to the furnishing of one or more particular
services and with the bona fide intention of furnishing such service or
services; and
(c) Any executed,
unconditional written agreement not subject to unilateral cancellation for the
bona fide purpose of furnishing one or more services.
Author: State Health Planning and Development Agency
Statutory Authority: Code of Ala. 1975, § 22-21-260.
Disclaimer: These regulations may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
