Loading chat...
CA AB2036
Bill
Status
2/3/2020
Primary Sponsor
Al Muratsuchi
Click for details
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