TITLE 50. HEALTH AND SAFETY

CHAPTER 4. HEALTH CARE POLICY

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

Receiving An Application -- Notice Of Application

50-4-709. Receiving an application -- notice of application. (1) Within 15 working days after receiving an application for a conversion transaction, the commissioner shall:

(a) publish notice of the application by the internet and by press release to the most widely circulated newspapers in a nonprofit health entity's service area; and

(b) maintain a list of, and notify by e-mail or first-class mail, any person that has requested in writing notice of the filing of an application.

(2) The notice under subsection (1) must:

(a) state that an application has been received;

(b) state the names of the parties to the conversion transaction;

(c) describe the contents of the application;

(d) state the date by which a person shall submit written comments on the application; and

(e) provide the date, time, and place of the public hearing on the conversion transaction.

History: En. Sec. 7, Ch. 214, L. 2005.