2006 Minnesota Statutes

80D.09 REVISED DISCLOSURE.
Annually within 120 days following the end of the provider's fiscal year, the provider shall
file with the county recorder of the county in which the facility is or will be located a revised
disclosure statement setting forth, as of the end of the fiscal year, information meeting the
requirements of section 80D.04, and pay a $100 filing fee. The revised disclosure statement
shall include a narrative describing any material differences between (a) the pro forma income
statements filed in response to section 80D.04, subdivision 1, clause (l) as a part of the disclosure
statement filed most immediately subsequent to the start of the provider's most recently completed
fiscal year and (b) the actual results of operations during the fiscal year together with the revised
pro forma income statements being filed as a part of the revised disclosure statement. A provider
may, upon payment of a $100 filing fee, revise its disclosure statement on file with the county
recorder at any other time if, in the opinion of the provider, revision is necessary to prevent the
disclosure statement from containing a material misstatement of fact or omitting to state a material
fact required to be stated therein. Only the most recently filed disclosure statement with respect to
a facility, and in any event only a disclosure statement dated within 120 days prior to the date
as of which the determination is made, shall be deemed current for purposes of sections 80D.01
to 80D.16 or be delivered pursuant to section 80D.04. In addition, the provider shall make the
revised disclosure statement available for inspection by residents during regular business hours.
History: 1980 c 516 s 11; 1981 c 135 s 9