AL SB222

Adds Section 11-58-5.2 to the Alabama Code authorizing medical clinic boards that lease property to hospitals or health care providers that have filed Chapter 11 bankruptcy to take steps permitted under federal bankruptcy law to readjust their own debts.

Grants Alabama's assent to medical clinic boards pursuing debt readjustment under federal acts, including the ability to commence bankruptcy cases under the United States Bankruptcy Code.

Provides immunity from suit and personal liability for board members acting within the scope of their employment, duties, or responsibilities related to debt readjustment proceedings.

Carves out immunity exceptions for board members' intentional, willful, or wanton misconduct and specifies that insurance procurement does not compromise or limit the granted immunity.

Takes effect immediately upon enactment.