CHAPTER 9. Sales of Assets [5910. - 5930.]

Chapter 9 added by Stats. 1978, Ch. 567.

§§ 5910–5930 · 19 sections

1. ARTICLE 1. General Provisions §§ 5910–5913 · 4 sections

   • § 5910 Any mortgage, deed of trust, pledge or other hypothecation of all or any part of the corporation’s property, real or personal, for the purpose of securing the…
   • § 5911 (a) Subject to the provisions of Section 5142, a corporation may sell, lease, convey, exchange, transfer or otherwise dispose of all or substantially all of…
   • § 5912 Any deed or instrument conveying or otherwise transferring any assets of a corporation may have annexed to it the certificate of the secretary or an assistant…
   • § 5913 Except for an agreement or transaction subject to Section 5914 or 5920, a corporation shall give written notice to the Attorney General 20 days before it…
2. ARTICLE 2. Health Facilities §§ 5914–5930 · 15 sections

   • § 5914 (a) (1) Any nonprofit corporation that is defined in Section 5046 and operates or controls a health facility, as defined in Section 1250 of the Health and…
   • § 5915 Within 90 days of the receipt of the written notice required by Section 5914, the Attorney General shall notify the public benefit corporation in writing of…
   • § 5916 Prior to issuing any written decision referred to in Section 5915, or giving a written waiver under subdivision (c) of Section 5914, the Attorney General shall…
   • § 5917 The Attorney General shall have discretion to consent to, give conditional consent to, or not consent to any agreement or transaction described in subdivision…
   • § 5917.5 The Attorney General shall not consent to a health facility agreement or transaction pursuant to Section 5914 or Section 5920 in which the seller restricts the…
   • § 5918 The Attorney General may adopt regulations implementing this article.
   • § 5919 (a) Within the time periods designated in Section 5915 and relating to those factors specified in Section 5917, the Attorney General may do the following: (1)…
   • § 5920 (a) (1) Any nonprofit corporation that is defined in Section 5046 and operates or controls a health care facility, as defined in Section 1250 of the Health and…
   • § 5921 Within 90 days of the receipt of the written notice required by Section 5920, the Attorney General shall notify the nonprofit corporation in writing of the…
   • § 5922 Prior to issuing any written decision referred to in Section 5921, or giving a written waiver under subdivision (c) of Section 5920, the Attorney General shall…
   • § 5923 The Attorney General shall have discretion to consent to, give conditional consent to, or not consent to any agreement or transaction described in subdivision…
   • § 5924 (a) Within the time periods designated in Section 5921 and relating to those factors specified in Section 5923, the Attorney General may do the following: (1)…
   • § 5925 The Attorney General may adopt regulations implementing Sections 5920 to 5924, inclusive.
   • § 5926 The Attorney General may enforce conditions imposed on the Attorney General’s consent to an agreement or transaction pursuant to Section 5914 or 5920 to the…
   • § 5930 (a) The Attorney General shall prepare a plan for an evaluation of whether additional standards for charitable care and community benefits should be…