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2001 SESSION
SB 1157 Disposition of assets of nonprofit health care entities.
Introduced by: Emmett W. Hanger, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Disposition of assets of nonprofit health care entities. Establishes (i) the items that must be included in the notice to the Attorney General by a nonprofit health care entity contemplating a disposition of assets, (ii) a requirement for at least one public hearing in the primary service area of the relevant nonprofit entity, and (iii) a determination by the Attorney General whether a disposition of assets requires a review. The bill also provides the Attorney General with subpoena power, establishes the elements of the agreement that must be found before the Attorney General can approve such agreements, and sets out the elements of the proposed agreement that must result in disapproval. The parties have a right to appeal a denial to the Supreme Court.
FULL TEXT
HISTORY
- 01/10/01 Senate: Presented & ordered printed, prefiled 01/10/01 015228548
- 01/10/01 Senate: Referred to Committee on Education and Health
- 02/01/01 Senate: Stricken at request of patron in Ed. & Health (15-Y 0-N)