Montana § 50-4-712 Experts

Montana Statutes

§ 50-4-712 — Experts

Montana § 50-4-712

Title 50HEALTH AND SAFETY

Ch. 4HEALTH CARE POLICY

Part 7Conversion of Nonprofit Health Entity to For-Profit or Mutual Benefit Corporation

This text of Montana § 50-4-712 (Experts) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 50-4-712 (2026).

Text

50-4-712 . Experts.

(1)The commissioner or the attorney general, or both, may contract with experts as reasonably necessary to:

(a)determine whether to approve a conversion transaction generally;

(b)perform an independent valuation of fair market value of the public assets of the transferor;

(c)evaluate the impact of the conversion on the affected community;

(d)determine whether there has been due diligence by the transferor in evaluating the proposed conversion transaction; and

(e)determine the existence of any conflicts of interest.

(2)If the commissioner or attorney general contracts for expert assistance under subsection (1), the transferor and the transferee shall each pay half of the costs reasonably incurred by the commissioner or the attorney general for the expert's service

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50-4-712 . Experts. (1) The commissioner or the attorney general, or both, may contract with experts as reasonably necessary to:
(a) determine whether to approve a conversion transaction generally;
(b) perform an independent valuation of fair market value of the public assets of the transferor;
(c) evaluate the impact of the conversion on the affected community;
(d) determine whether there has been due diligence by the transferor in evaluating the proposed conversion transaction; and
(e) determine the existence of any conflicts of interest.
(2) If the commissioner or attorney general contracts for expert assistance under subsection (1), the transferor and the transferee shall each pay half of the costs reasonably incurred by the commissioner or the attorney general for the expert's services.