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Current as of January 01, 2024 | Updated by Findlaw Staff
No person who is an officer, director, board member or other fiduciary of a nonprofit hospital shall receive anything of value, beyond ordinary compensation, that relates to a nonprofit hospital conversion transaction described in this act and is of such a character as to have the appearance of an improper influence on the person with respect to the person's duties; provided however, that an officer or employee of the nonprofit hospital may accept a job with, perform duties for, and receive ordinary compensation from, the purchasing or converting entity. Any person who violates the provisions of this section shall, in addition to being subject to the provisions of section 48-1510, Idaho Code, forfeit the items of value received in violation of this section.
Cite this article: FindLaw.com - Idaho Statutes Title 48. Monopolies and Trade Practices § 48-1511. Private benefit - last updated January 01, 2024 | https://codes.findlaw.com/id/title-48-monopolies-and-trade-practices/id-st-sect-48-1511/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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