Statute · California Corporations Code

Cal. Corp. Code § 5921 — Health Facilities

Cal. Corp. Code § 5921

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2018-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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…

Citator

Cal. Corp. Code § 5921 — Health Facilities is in force in the current edition of the Code, and nothing recorded condemns it.

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.