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Selling Your Nonprofit Nursing Home? New York’s Attorney General Details Concerns About Sales of Nonprofit Nursing Homes

[11/13/18]

Posted on November 13, 2018 in Long-Term Care, Home Health & Hospice

Published by: Hall Render

Several states require that any sale of charitable assets must be reviewed by the attorney general to assess whether the sale is for fair consideration and in the best interests of charitable beneficiaries. The New York Attorney General’s Charities Bureau (“Charities Bureau”) is responsible for supervising charitable organizations to protect donors and beneficiaries of... READ MORE

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