{"data":{"id":"us-ne/neb.-rev.-stat.-71-20-103","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 71-20,103","heading":"Terms, defined.","body":"For purposes of the Nonprofit Hospital Sale Act:\n(1) Department means the Department of Health and Human Services;\n(2) Hospital has the meaning found in section 71-419;\n(3) Acquisition means any acquisition by a person or persons of an ownership or controlling interest in a hospital, whether by purchase, merger, lease, gift, or otherwise, which results in a change of ownership or control of twenty percent or greater or which results in the acquiring person or persons holding a fifty percent or greater interest in the ownership or control of a hospital, but acquisition does not include the acquisition of an ownership or controlling interest in a hospital owned by a nonprofit corporation if the transferee (a) is a nonprofit corporation having a substantially similar charitable health care purpose as the transferor or is a governmental entity, (b) is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code or as a governmental entity, and (c) will maintain representation from the affected community on the local board; and\n(4) Person has the meaning found in section 71-5803.12.","path":["Chapter 71 - PUBLIC HEALTH AND WELFARE"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=71-20,103","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:11Z","sha256":"6efbfd0c84306a82571c094129a0af7ff871a3a47dde5c6136cff72c8e64614b","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-71-20-102","next":"us-ne/neb.-rev.-stat.-71-20-104"},"notice":"GroundRules: Original legal text. Not legal advice."}