Montana § 50-4-713 Deadline For Approval Or Nonapproval

Montana Statutes

§ 50-4-713 — Deadline For Approval Or Nonapproval

Montana § 50-4-713

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 § 50-4-713 (Deadline For Approval Or Nonapproval) 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. § 50-4-713 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.