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Tenn. Code Ann. 6811255TENNESSEE CODE ANNOTATED 2011 by The State of Tennessee All rights reserved *** CURRENT THROUGH THE 2011 REGULAR SESSION *** *** ANNOTATIONS CURRENT THROUGH APRIL 29, 2011 ***
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Chapter 11 health facilities is a provision in the law that allows health care facilities to reorganize their finances and operations under bankruptcy protection.
Health care facilities that are struggling financially and need to reorganize their debts and operations can file for chapter 11 bankruptcy.
Filing for chapter 11 health facilities requires submitting a petition to the court, developing a reorganization plan, and disclosing financial information.
The purpose of chapter 11 health facilities is to give struggling health care facilities a chance to restructure their debts and continue operations while under bankruptcy protection.
Health care facilities filing for chapter 11 must report their financial information, debts, assets, operations, and reorganization plans.
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2011 2001 tennessee tenn effectuate thereon relinquishment practicable annotations abrogate annotated promulgate purports compiler appropriation staffed appropriated expended preclude predicated incidence orally pursuant appropriations birthing compiled n

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