1997 Regular Session

HOUSE BILL 287

File Code: Corporations and Associations
Sponsored By:
Delegates Goldwater and Barve
Entitled:
Office of the Attorney General - Approval of Conversions of Nonprofit Corporations to For-Profit Stock Corporations and Mutual Corporations

Synopsis:

Requiring specified nonprofit corporations to obtain approval from the Office of the Attorney General prior to entering into an agreement, contract, or transaction to form a for-profit stock corporation or entity or mutual corporation or entity; specifying the provisions that must be satisfied for the Office to approve the agreement, contract, or transaction; requiring the Office to make a determination on the agreement, contract, or transaction within a specified time; etc.

Legislative History

House Action
1/20
First Reading Economic Matters
2/12
Hearing 3/4 at 1:00 p.m.
Senate Action
No Action
Sponsored by:
Delegate Marilyn R. Goldwater, District 16
Delegate Kumar P. Barve, District 17
Bill indexed under the following Subjects:
ATTORNEY GENERAL
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
CORPORATIONS -see also- MERGERS
HEALTH INSURANCE -see also- HMO; MANAGED CARE ORGANIZATIONS.
HEALTH MAINTENANCE ORGANIZATIONS
HEARINGS
HOSPITALS -see also- CLINICS; STATE HOSPITALS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
JUDICIAL REVIEW
NONPROFIT ORGANIZATIONS
Bill affects the following Statutes:
Health - General
( 19-123 , 19-711.1 )
Insurance
( 14-131 , 14-132 )
State Government
( 6-201 , 6-202 , 6-203 , 6-204 , 6-205 , 6-206 , 6-207 , 6-208 , 6-209 , 6-210 , 6-211 , 6-212 , 6-213 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)