28 Tex. Admin. Code § 13.453 - Filing Requirements
(a) Unless an
individual or entity has filed with the department the items as set forth in
subsection (b) of this section, the individual or entity is prohibited from:
(1) acquiring an ownership interest in an
entity that holds a certificate of authority as an HCC if the individual or
entity is, or after the acquisition would be, directly or indirectly in control
of the certificate holder; or
(2)
otherwise acquiring control of or exercising any control over the certificate
holder.
(b) An
individual or entity described in subsection (a) of this section must, under
oath or affirmation, file:
(1) a Biographical
Affidavit form for each individual by whom or on whose behalf the acquisition
of control is to be effected; and
(2) a Health Care Collaborative (HCC)
Acquisition Form.
(c)
The department may require a partnership, syndicate, or other group that is
subject to the filing requirements specified in subsections (a) and (b) of this
section to provide the information required by subsection (b) of this section
for each partner of the partnership, each member of the syndicate or group, and
each individual or entity who controls the partner or member.
(d) If the partner, member, or entity is a
corporation, or if the entity required to file the documents set forth in
subsection (b) of this section is a corporation, the department may require
that the information under that subsection be provided regarding:
(1) the corporation;
(2) each individual who is an executive
officer or director of the corporation; and
(3) each individual or entity who is directly
or indirectly the beneficial owner of more than 10 percent of the outstanding
voting securities of the corporation.
Notes
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