Since the board pledged the Foundations $18 million how can non locals do any worse. Ted Hart, deputy director of media relations for the AG office when asked where charitable interests rate in bankruptcy court compared to those of secured creditors, Hart said, “It’s fair to say that charitable law rarely trumps bankruptcy law. It depends on the stated purpose of the charitable assests and what, if any specific restriction exist". So much for the boards decisions in caring for the community.
For the "No" voters do you realize that if an outside entity acquires Form Health that the charity programs and local help given by Form will probable stop.
They will only look at the profit line and the rest of us be darned.
CompMan
Since the board pledged the Foundations $18 million how can non locals do any worse. Ted Hart, deputy director of media relations for the AG office when asked where charitable interests rate in bankruptcy court compared to those of secured creditors, Hart said, “It’s fair to say that charitable law rarely trumps bankruptcy law. It depends on the stated purpose of the charitable assests and what, if any specific restriction exist". So much for the boards decisions in caring for the community.
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thinkfirst
For the "No" voters do you realize that if an outside entity acquires Form Health that the charity programs and local help given by Form will probable stop.
They will only look at the profit line and the rest of us be darned.
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