Regulations last checked for updates: Dec 17, 2025

Title 24 - Housing and Urban Development last revised: Dec 08, 2025
§ 232.1003 - Eligible operator.

Operator shall be a single asset entity acceptable to the Commissioner, and shall possess the powers necessary and incidental to operating the healthcare facility, except that the Commissioner may approve a non-single asset entity under such circumstances, terms, and conditions determined and specified as acceptable to the Commissioner. A master tenant under a master lease approved by the Commissioner who has subleased the healthcare facility to an operator is not an Operator.

source: 36 FR 24618, Dec. 22, 1971, unless otherwise noted.
cite as: 24 CFR 232.1003