2006 New York Code - Change In The Operator Or Owner.

 
    § 3611-a. Change in the operator or owner. 1. Any change in the person
  who  or  partnership  which  is  the  operator  of  a licensed home care
  services agency or a certified home health agency shall be  approved  by
  the   public  health  council  in  accordance  with  the  provisions  of
  subdivision four of section three thousand  six  hundred  five  of  this
  chapter  relative  to  licensure  or  subdivision  two  of section three
  thousand six hundred six of this  chapter  relative  to  certificate  of
  approval.
    2.  Any  transfer,  assignment  or other disposition of ten percent or
  more of the stock or voting rights thereunder of a corporation which  is
  the operator of a licensed home care services agency or a certified home
  health  agency,  or any transfer, assignment or other disposition of the
  stock or voting rights thereunder of such a corporation which results in
  the ownership or control of more than ten percent of the stock or voting
  rights thereunder of such corporation by any person shall be subject  to
  approval  by the public health council in accordance with the provisions
  of subdivision four of section three thousand six hundred five  of  this
  chapter  relative  to  licensure  or  subdivision  two  of section three
  thousand six hundred six of this  chapter  relative  to  certificate  of
  approval. In the absence of such approval, the license or certificate of
  approval shall be subject to revocation or suspension.