| An Act to Provide for the Transfer of Assets of Hospital |
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| Administrative District No. 1 to a Nonprofit, Nonstock |
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| | Emergency preamble. Whereas, Acts of the Legislature do not become | effective until 90 days after adjournment unless enacted as | emergencies; and |
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| | 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 |
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| | 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, |
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| Be it enacted by the People of the State of Maine as follows: |
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| | 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 B, §1 and affected | by §2, is repealed. |
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| | 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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