Colo. Rev. Stat. §§ 6-19-101 through 6-19-104: Transactions Involving Licensed Hospitals – General Provisions – Colorado

Status: Enacted
Year Enacted: 1998
Year Amended: 2008
File: Download

The general assembly hereby finds, determines, and declares that all licensed and certified hospitals provide a service to the public by making health care services available to the communities they serve. Furthermore, for the purposes of the attorney general’s authority over the transfer of nonprofit hospital assets, all nonprofit hospitals shall be deemed to hold all of their assets in trust, and those assets shall be deemed to be dedicated to the specific charitable purposes set forth in the articles of incorporation or other organic documents of the nonprofit entities that hold them in trust.


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