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This entry was published on 2014-09-22
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SECTION 844
Feasibility studies
Labor (LAB) CHAPTER 31, ARTICLE 24
§ 844. Feasibility studies. The department of economic development
shall conduct preliminary assessments of the advisability of conducting
a comprehensive study exploring the feasibility of having a company or
group, including the workers, purchase the plant and continue it in
operation. Provided further, that rules and regulations established by
the commissioner of economic development pursuant to section one hundred
ninety-three of article seven of the omnibus economic development act of
nineteen hundred eighty-seven regarding the selection and retention of
experts to be used in undertaking assessments and the exemption of
disclosure requirements shall apply to assessments conducted under this
section.