48-1511. PRIVATE BENEFIT. No person who is an officer, director, board member or other fiduciary of a nonprofit hospital shall receive anything of value, beyond ordinary compensation, that relates to a nonprofit hospital conversion transaction described in this act and is of such a character as to have the appearance of an improper influence on the person with respect to the person’s duties; provided however, that an officer or employee of the nonprofit hospital may accept a job with, perform duties for, and receive ordinary compensation from, the purchasing or converting entity. Any person who violates the provisions of this section shall, in addition to being subject to the provisions of section 48-1510, Idaho Code, forfeit the items of value received in violation of this section.
History:
[48-1511, added 2000, ch. 314, sec. 1, p. 1059.]
Structure Idaho Code
Title 48 - MONOPOLIES AND TRADE PRACTICES
Chapter 15 - IDAHO NONPROFIT HOSPITAL SALE OR CONVERSION ACT
Section 48-1501 - LEGISLATIVE FINDINGS AND INTENT.
Section 48-1502 - DEFINITIONS.
Section 48-1503 - NOTICE TO THE ATTORNEY GENERAL.
Section 48-1505 - PUBLIC MEETINGS — NOTICE OF TIME AND PLACE.
Section 48-1506 - NONPROFIT HOSPITAL CONVERSION TRANSACTION REVIEW ELEMENTS.
Section 48-1509 - PUBLIC RECORDS.
Section 48-1510 - PENALTIES — REMEDIES.