50-4-718. Deposit of assets. Any public assets distributed pursuant to 50-4-716 as a result of the conversion transaction of a nonprofit health entity approved by the commissioner and the attorney general on or after April 8, 2005, must be distributed as provided in 50-4-720.
History: En. Sec. 16, Ch. 214, L. 2005.
Structure Montana Code Annotated
Part 7. Conversion of Nonprofit Health Entity to For-Profit or Mutual Benefit Corporation
50-4-702. Conversion transaction -- approval
50-4-703. Rulemaking authority
50-4-705. and 50-4-706 reserved
50-4-707. Application process -- content
50-4-709. Receiving an application -- notice of application
50-4-713. Deadline for approval or nonapproval
50-4-714. Effect of determination
50-4-715. Criteria for attorney general approval of conversion transaction
50-4-716. Criteria for distribution of assets
50-4-717. Criteria for commissioner approval of conversion transaction