Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 10-419 - "Net Operating Expenses" Defined — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Human Services - Title 1 - Definitions; General Provisions/
  5. Title 10 - Department of Aging/
  6. Subtitle 4 - Continuing Care/
  7. Part III - Providers/
  8. Section 10-419 - "Net Operating Expenses" Defined
Maryland Legal Code

Section 10-419 - "Net Operating Expenses" Defined

Ask AI about this
In this part, 'net operating expenses' means the total operating expenses at each facility of a provider, less depreciation, amortization, unusual and infrequent expenses, changes in the obligation to provide future services, and changes in the fair market value of interest rate swap agreements not involving an exchange of funds.