as introduced - 93rd Legislature (2023 - 2024) Posted on 01/17/2023 11:40am
A bill for an act
relating to hospitals; prohibiting transfer of the University of Minnesota Hospitals
to a non-Minnesota entity.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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No entity exercising ownership of the University of Minnesota Hospitals may convey,
assign, or otherwise transfer ownership of the hospitals, or their related assets, in whole or
in part, to a foreign corporation, partnership, or entity. This prohibition includes a transfer
of ownership resulting from corporate acquisition by a foreign entity, or a merger or
consolidation with a foreign business entity.
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This section is effective the day following final enactment, and
expires on December 31, 2024.
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