TITLE 50. HEALTH AND SAFETY

CHAPTER 4. HEALTH CARE POLICY

Part 7. Conversion of Nonprofit Health Entity to For-Profit or Mutual Benefit Corporation

Conversion Transaction -- Approval

50-4-702. Conversion transaction -- approval. A person may not engage in a conversion transaction involving a nonprofit health entity unless the commissioner and the attorney general issue orders approving the conversion transaction.

History: En. Sec. 2, Ch. 214, L. 2005.