Utah Code 31A-44-310. Annual disclosure statement revision
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(1) A provider shall file a revised disclosure statement with the department before 120 days after the day on which the provider’s fiscal year ends.
Terms Used In Utah Code 31A-44-310
- Department: means the Insurance Department. See Utah Code 31A-1-301
- Filed: means that a filing is:(69)(a)(i) submitted to the department as required by and in accordance with applicable statute, rule, or filing order;(69)(a)(ii) received by the department within the time period provided in applicable statute, rule, or filing order; and(69)(a)(iii) accompanied by the appropriate fee in accordance with:(69)(a)(iii)(A) Section
31A-3-103 ; or(69)(a)(iii)(B) rule. See Utah Code 31A-1-301- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Provider: means :
(9)(a)(i) the owner of a facility;(9)(a)(ii) a person, other than a resident, that claims a possessory interest in a facility; or(9)(a)(iii) a person who enters into a continuing care contract with a resident or potential resident. See Utah Code 31A-44-102(2) The revised disclosure statement shall revise, as of the end of the provider’s fiscal year, the information required by this part.(3) The revised disclosure statement shall describe any material differences between:(3)(a) the estimated income statements filed under Section 31A-44-307 as a part of the disclosure statement the provider filed after the start of the provider’s most recently completed fiscal year; and(3)(b) the actual result of operations during that fiscal year with the revised estimated income statements filed as a part of the revised disclosure statement.(4) A provider may revise the provider’s disclosure statement and may file a revised disclosure statement at any time if, in the provider’s opinion, a revision is necessary to prevent a disclosure statement from containing a material misstatement of fact or omitting a material fact required by this part.(5) The department:(5)(a) shall review the disclosure statement for completeness; and(5)(b) is not required to review the disclosure statement for accuracy.