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Date
Rule
802.40
Staff
Addie Williams
Response/Comments
2/11/85 Acknowledged receipt of letter and indicated to (redacted) that as long asno transfer of assets takes place [indecipherable].

Question

(redacted)

February 5, 1985

Ms. Addie Williams
Compliance Specialist
Federal Trade Commission
Room 301
Washington, D.C. 20580

Dear Ms. Williams:

Thank you for the time you spent on the phone with me today concerning the possible applicability of the pre-merger notification requirements to not-for-profit hospitals sponsored by religious orders. It was certainly reassuring to have you agree with us that the notification requirements would only apply to a not-for-profit setting if assets were being transferred between 501(c)(3) corporations or if 501(c)(3) not-for-profit corporations were being combined so that the assets would then be owned by a single corporation.

Thank you again for your assistance.

Sincerely,

(redacted)

(redacted)

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