§ 10-11251 – Definitions
10-11251. Definitions In this chapter, unless the context otherwise requires: 1. " Assets" means all real, personal, tangible and intangible property and rights in property, including cash, buildings, equipment, investments and contracts with other entities. 2. " Community benefit activity" means any activity furthering community benefit purposes including any health care activity that includes education, […]
§ 10-11252 – Scope; included transactions; excluded transactions
10-11252. Scope; included transactions; excluded transactions A. Except as provided in subsections B and C of this section, this chapter applies to any nonprofit health care entity that intends to sell, transfer, lease, exchange, option, convey, convert, give, merge or otherwise dispose of all or substantially all of its assets to or with another nonprofit […]
§ 10-11253 – Public hearing; notice; requirements; summary report
10-11253. Public hearing; notice; requirements; summary report A. No later than ninety days before the anticipated closing of the intended transaction, any nonprofit health care entity that intends to engage in any of the transactions described in section 10-11252, subsection A shall give written notice to the director of the department of health services and […]
§ 10-11254 – Applicability
10-11254. Applicability A. Nothing in this chapter: 1. Affects the provisions of chapters 24 through 35 and chapters 36 through 40 of this title regarding the corporation commission’s acceptance or denial of new, restated or amended articles of incorporation. 2. Affects the operation of state or federal antitrust laws or the attorney general’s enforcement of […]