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CA AB2036

Bill

Status

Introduced

2/3/2020

Primary Sponsor

Al Muratsuchi

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • Requires conditions imposed by the Attorney General on nonprofit health facility asset sales to remain in effect for the entire time period specified by the Attorney General.

  • Conditions persist through subsequent or additional sales, transfers, leases, exchanges, options, conveyances, or other asset dispositions of the health facility.

  • Maintains Attorney General's existing enforcement powers including specific performance, injunctive relief, equitable remedies, and recovery of attorney's fees and costs for breach of conditions.

  • Applies to agreements or transactions governed under existing Sections 5914 and 5920 of the Corporations Code involving nonprofit public benefit corporations operating health facilities.

Legislative Description

Nonprofit public benefit corporations: sale of assets: health facilities.

Last Action

In committee: Hearing postponed by committee.

3/16/2020

Committee Referrals

Health2/14/2020

Full Bill Text

No bill text available