TITLE

Florida AG: Sheer Numbers Threaten Assets in Nonprofit Bankruptcy

AUTHOR(S)
Sigo, Shelly
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/6/2004, Vol. 348 Issue 31857, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the assembly of attorneys and professionals being hired to protect bondholders and the National Benevolent Association (NBA) in the bankruptcy threaten in refundable deposits made by Florida residents in NBA facilities. Number of senior residents in nursing and retirement homes; Approximation on the tax-exempt debt of NBA; Protection of the charitable assets of the organization.
ACCESSION #
12754256

 

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