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SF 2460 Senate Long Description

Defining and providing for nonprofit health care trust agreements or transactions with noncharitable entities; requiring nonprofit health +care trusts to notify the attorney general before closing certain +agreements or transactions disposing of certain assets or operations to a +noncharitable entity or resulting in noncharitable entities controlling a certain +percentage of operations of the trust or a related organization, specifying +certain notice content requirements, classifying the notice, authorizing the +attorney general to make notices accessible to the public under certain conditions, +providing for objection by the trust; granting the attorney general certain +review and investigatory authority relating to the agreements or transactions; +restricting asset transfers after notice, authorizing the attorney general to +extend the waiting period; providing for the payment of certain expert costs by +the trusts; granting the attorney general certain enforcement authority, +providing for effect (mk)