QUALITY CARE PROPERTIES,INC. (NYSE:QCP) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

ME Staff 8-k
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QUALITY CARE PROPERTIES,INC. (NYSE:QCP) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 9.01 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On March22, 2018, the Board of Directors of Quality Care Properties,Inc. (the “Company”) amended and restated ArticleXV of the Company’s Amended and Restated Bylaws (the “Bylaws”), effective immediately, to permit the Board of Directors, by the affirmative vote of a majority of the entire Board of Directors, or the Company’s stockholders, by the affirmative vote of a majority of all the votes entitled to be cast on the matter, to adopt, alter or repeal any provision of the Bylaws and to make new Bylaws (the “Amendment”). Previously, the Bylaws provided that the Board of Directors had the exclusive power to adopt, alter or repeal any provision of the Bylaws and to make new Bylaws.

Except as stated above, the Bylaws are unchanged. The foregoing is a summary of the Amendment and is qualified in its entirety by reference to the copy of the Amendment attached as Exhibit3.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits


QUALITY CARE PROPERTIES, INC. Exhibit
EX-3.1 2 a18-8937_1ex3d1.htm EX-3.1 Exhibit 3.1   AMENDMENT TO QUALITY CARE PROPERTIES,…
To view the full exhibit click here

About QUALITY CARE PROPERTIES,INC. (NYSE:QCP)

Quality Care Properties, Inc. is a self-managed and self-administered real estate investment trust. The Company is focused on post-acute/skilled nursing and memory care/assisted living properties. As of June 30, 2016, the Company’s portfolio included 274 post-acute/skilled nursing properties, 62 memory care/assisted living properties, a surgical hospital and a medical office building (MOB) across 30 states of the United States. The Company’s primary tenant is HCR ManorCare, Inc. (HCRMC), a provider of post-acute, memory care and hospice services. As of June 30, 2016, 249 of the Company’s post-acute/skilled nursing properties and 61 of its memory care/assisted living properties were leased to HCR III Healthcare, LLC (HCR III), a subsidiary of HCRMC. As of June 30, 2016, its hospital had a capacity of 37 beds. As of June 30, 2016, its medical office covered 88,000 square feet. As of June 30, 2016, its post-acute/skilled nursing properties had a capacity of 33,490 beds.