LD 716
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LD 716 Title Page P & S Law Chapter 31 Page 2 of 2
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LR 1167
Item 1

 
CHAPTER 31

 
H.P. 561 - L.D. 716

 
An Act to Provide for the Transfer of Assets of Hospital

 
Administrative District No. 1 to a Nonprofit, Nonstock

 
Private Corporation

 
Emergency preamble. Whereas, Acts of the Legislature do not become
effective until 90 days after adjournment unless enacted as
emergencies; and

 
Whereas, it is in the public interest for Hospital
Administrative District No. 1 to be able to transfer its assets
to a nonprofit, nonstock private corporation promptly and to
begin the process during the summer; and

 
Whereas, in the judgment of the Legislature, these facts create
an emergency within the meaning of the Constitution of Maine and
require the following legislation as immediately necessary for
the preservation of the public peace, health and safety; now,
therefore,

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. P&SL 1967, c. 58, as amended by P&SL 1999, c. 84, Pt. A, §§1
to 14 and affected by §15; and amended by Pt. B, §1 and affected
by §2, is repealed.

 
Sec. 2. Transfer. Notwithstanding any provision of Private and
Special Law 1967, chapter 58, Hospital Administrative District
No. 1, which currently operates Penobscot Valley Hospital, is
authorized to transfer its assets to a newly formed nonprofit,
nonstock private corporation, without members, referred to in
this Act as the "transferee corporation," which shall continue to
serve the health care needs of the communities served by the
district on the effective date of this section.


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