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24 CFR 232.1003

§ 232.1003 Eligible operator.

United States · 24 CFR — Housing and Urban Development · Status: effective

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24 CFR 232.1003, § 232.1003 Eligible operator, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100033
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Operator shall be a single asset entity acceptable to the Commissioner, and shall possess the powers necessary and incidental to operating the healthcare facility, except that the Commissioner may approve a non-single asset entity under such circumstances, terms, and conditions determined and specified as acceptable to the Commissioner. A master tenant under a master lease approved by the Commissioner who has subleased the healthcare facility to an operator is not an Operator.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.