{"data":{"id":"us-nc/n.c.-gen.-stat.-131e-7.1","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 131E-7.1","heading":"Public hospitals' managed care development authorized.","body":"A public hospital as defined in G.S. 159-39(a) may acquire an ownership interest, in whole or in part, in a nonprofit or for-profit managed care company, including a health maintenance organization, physician hospital organization, physician organization, management services organization, or preferred provider organization with which the public hospital is also directly or indirectly a contracting provider. Ownership interest may be evidenced by the ownership or acquired by the purchase of stock. This ownership or acquisition of stock is the exercise of a health care function and is not the investment of idle funds within the meaning of G.S. 159-30 and G.S.159-39(g). (1995 (Reg. Sess., 1996), c. 713, s. 1.)","path":["Chapter 131E. Health Care Facilities and Services.","Article 2. Public Hospitals.","Part 1. Municipal Hospitals."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_131E/GS_131E-7.1.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:21:12Z","sha256":"a12a8c2e8f4b7aa6c4f71c52a4434b61f8682fa15b24e5174a1b746081c3bf61","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-131e-7","next":"us-nc/n.c.-gen.-stat.-131e-8"},"notice":"GroundRules: Original legal text. Not legal advice."}