New York Codes, Rules and Regulations
Title 10 - DEPARTMENT OF HEALTH
Chapter V - Medical Facilities
Subchapter A - Medical Facilities-minimum Standards
Article 8 - New York State Annual Hospital Report
Part 441 - Definitions
Section 441.124 - Fair market value
Universal Citation: 10 NY Comp Codes Rules and Regs ยง 441.124
Current through Register Vol. 46, No. 39, September 25, 2024
(a) Value determined by bona fide bargaining between well-informed buyers and sellers, usually over a period of time.
(b) An estimate of market value, in the absence of sales or quotations.
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