Florida AG: Sheer Numbers Threaten Assets in Nonprofit Bankruptcy

Sigo, Shelly
April 2004
Bond Buyer;4/6/2004, Vol. 348 Issue 31857, p3
Trade Publication
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.


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