JurisdictionCaliforniaCode CORPCorporations Code - CORP
Div.2.
Title 1.DIVISION 2. NONPROFIT CORPORATION LAW
Part 2.PART 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS
Ch. 9.CHAPTER 9. Sales of Assets
Art. 2.ARTICLE 2. Health Facilities
This text of California § 5921. (5921. (Amended by Stats. 2017, Ch. 782, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Within 90 days of the receipt of the written notice required by Section 5920, the Attorney General shall notify the nonprofit corporation in writing of the decision to consent to, give conditional consent to, or not consent to the agreement or transaction. The Attorney General may extend this period for one additional 45-day period if any of the following conditions are satisfied:
(a)The extension is necessary to obtain relevant information from any state agency, experts, or consultants.
(b)The proposed agreement or transaction is substantially modified after the first public meeting conducted by the
Attorney General in accordance with Section 5922.
(c)The proposed agreement or transaction involves a multifacility health system serving multiple communities, rather than a single fa
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Within 90 days of the receipt of the written notice required by Section 5920, the Attorney General shall notify the nonprofit corporation in writing of the decision to consent to, give conditional consent to, or not consent to the agreement or transaction. The Attorney General may extend this period for one additional 45-day period if any of the following conditions are satisfied:
(a)
The extension is necessary to obtain relevant information from any state agency, experts, or consultants.
(b)
The proposed agreement or transaction is substantially modified after the first public meeting conducted by the
Attorney General in accordance with Section 5922.
(c)
The proposed agreement or transaction involves a multifacility health system serving multiple communities, rather than a single facility.