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Document Type

Article

Media Type

Text

Abstract

This Article addresses the effects of increasingly stringent disclosure standards under securities laws as such standards affect capital generation by the not for profit health care industry. Recently promulgated Securities and Exchange Commission Rule 15c2-12 and voluntary disclosure standards are analyzed and applied to the health care tax exempt securities transaction. The authors conclude that the health care industry must accept the need for more extensive disclosure than has been the practice.

First Page

467

Last Page

498

Publication Date

7-1-1989

Department

Other

ISSN

0734-1490

Language

eng

Publisher

Northern Illinois University Law Review

Included in

Law Commons

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