There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 58-64-15. Sale or transfer of ownership.
§ 58‑64‑15. Sale or transfer of ownership.
No license is transferable, and no license issued pursuant to this Article has value for sale or exchange as property. No provider or other owning entity shall sell or transfer ownership of the facility, or enter into a contract with a third‑party provider for management of the facility, unless the Commissioner approves such transfer or contract. (1989, c. 758, s. 1.)
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