CHAPTER 470


99-S 1053 am
Enacted 7/8/99


A N     A C T

RELATING TO THE HOSPITAL CONVERSION ACT

Introduced By: Senator Kelly

Date Introduced : June 2, 1999

It is enacted by the General Assembly as follows:

SECTION 1. Section 23-17.14-12 of the General Laws in Chapter 23-17.14 entitled "The Hospital Conversions Act" is hereby amended to read as follows:

{DEL 23-17.14-12. Review process by department of health for conversions involving for profit corporation as the acquiree. DEL} {ADD 23-17.14-12. Review process by department of health for conversions involving for profit hospital as the acquiree. -- ADD} The department of health shall review all proposed conversions involving a for profit {DEL corporation DEL} {ADD hospital ADD} as the acquiree and either a for profit {DEL hospital DEL} {ADD corporation ADD} or a not for profit {DEL hospital DEL} {ADDhospital orADD} {ADD corporation ADD} as the acquiror in accordance with the provisions for change of effective control pursuant to section {DEL23-17-14.3 DEL} {ADD23-17.14-3 ADD} {DEL or DEL} {ADD and ADD} {DEL23-17-14.4DEL} {ADD23-17.14-4ADD}.

SECTION 2. This act shall take effect upon passage and be retroactive to July 22, 1997.



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