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HomeCorporations CodeCh. 9Art. 2§ 5915 Attorney General Approval Timeline

§ 5915 Attorney General Approval Timeline

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 5915 Attorney General Approval Timeline

Key Takeaways

  • •The Attorney General has 90 days to say 'yes,' 'maybe,' or 'no' to a deal after getting notice about it.
  • •If the deal is big or complicated, the Attorney General can take an extra 45 days to decide.
  • •The extra time is allowed if they need more info, the deal changes a lot, or it involves many hospitals.

Example

A big hospital company wants to buy three smaller hospitals in different towns.

The Attorney General gets 90 days to check the deal. Since it involves many hospitals, they can take an extra 45 days to decide if it’s okay.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 5915 Attorney General Approval Timeline

Within 90 days of the receipt of the written notice required by Section 5914, the Attorney General shall notify the public benefit corporation in writing of the decision to consent to, give conditional consent to, or not consent to the agreement or transaction. The Attorney General may extend this period for one additional 45-day period if any of the following conditions are satisfied: (a) The extension is necessary to obtain information pursuant to subdivision (a) of Section 5919. (b) The proposed agreement or transaction is substantially modified after the first public meeting conducted by the Attorney General in accordance with Section 5916. (c) The proposed agreement or transaction involves a multifacility health system serving multiple communities, rather than a single facility. (Amended by Stats. 2017, Ch. 782, Sec. 2. (AB 651) Effective January 1, 2018.)

Last verified: January 23, 2026

Key Terms

Attorney Generalpublic benefit corporationconsentconditional consent90 days45-day periodmultifacility health system

Related Statutes

  • § 5921 Attorney General Consent Decision
  • § 5913 Corporate Asset Disposal Notice
  • § 5916 Public Meeting Requirements
  • § 5917.5 Health Facility Service Restrictions
  • § 5918 Attorney General Regulatory Authority

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 5915.
View Official Source