Montana Statutes
§ 50-4-713 — Deadline For Approval Or Nonapproval
Montana·Title 50 HEALTH AND SAFETY·Ch. 4 HEALTH CARE POLICY·Part 7 Conversion of Nonprofit Health Entity to For-Profit or Mutual Benefit Corporation
50-4-713 . Deadline for approval or nonapproval.
(1)Within 60 days after the record, including the public hearing process, has been closed, the commissioner and the attorney general shall each issue a separate order to:
(a)approve the conversion transaction, with or without modifications; or
(b)disapprove the conversion transaction.
(2)If the commissioner and the attorney general do not both determine that the conversion transaction is approved, the conversion transaction is disapproved.
(3)Subject to subsection (4), the commissioner or the attorney general may, for cause, extend the time for making a determination for a 60-day period.
(4)The commissioner and the attorney general are limited to a maximum of two 60-day extensions for making a determination on the same application.
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Legislative History
En. Sec. 11, Ch. 214, L. 2005.
Nearby Sections
15
§ 50-4-1001
Short Title§ 50-4-1002
Purpose§ 50-4-1003
Definitions§ 50-4-1004
Prohibitions§ 50-4-1005
Repealed§ 50-4-1006
Prohibited Insurance Coverage§ 50-4-101
Repealed§ 50-4-102
Repealed§ 50-4-103
Terminated§ 50-4-104
State Health Care Policy§ 50-4-106
Definitions§ 50-4-108
Disclosure Required§ 50-4-109
Interference Prohibited