16-22-11-1. Conditions for Granting Aid
Sec. 1. If the county executive and county fiscal body of a county without a general county hospital determine that the county has insufficient hospital facilities, the county may give financial aid for the construction, equipment, and improvement of a nonprofit hospital that meets the following conditions: (1) Is operated for charitable purposes. (2) Is […]
16-22-11-2. Bond Issue
Sec. 2. To provide funds for the purpose described in section 1 of this chapter, the county may issue bonds or make appropriations from the county treasury under the general laws governing the issuance of bonds and the making of appropriations by counties. [Pre-1993 Recodification Citation: 16-12-17-1(a) part.] As added by P.L.2-1993, SEC.5.
16-22-11-3. Conflict of Interest of Governing Board Members
Sec. 3. An individual is not prohibited from serving as a member of the governing board if the member: (1) has a pecuniary interest in; or (2) derives a profit from; a contract or purchase connected with the hospital. However, the member shall disclose the interest or profit in writing to the board and provide […]
16-22-8-53. Surety Bond of Officers and Employees
Sec. 53. The board may require a bond on any of the officers or employees of the corporation in the amount and with the terms and conditions and surety approved by the board. [Pre-1993 Recodification Citation: 16-12-21-48.] As added by P.L.2-1993, SEC.5.
16-22-9-10. Abandonment of Proceedings
Sec. 10. If the nonprofit hospital corporation elects to abandon the condemnation proceedings, the corporation shall pay the expenses or losses actually incurred by the condemning authority arising out of the condemnation proceedings. The nonprofit hospital corporation may enter into the defense against claims or demands arising out of the condemnation proceedings. [Pre-1993 Recodification Citation: […]
16-22-8-54. Repealed
[Pre-1993 Recodification Citation: 16-12-21-50.] As added by P.L.2-1993, SEC.5. Repealed by P.L.184-2005, SEC.38.
16-22-9-11. Transfer of Acquired Property
Sec. 11. When the nonprofit hospital corporation has paid the amount of the award or damages, and all costs and expenses incurred in the condemnation proceedings, including reasonable attorney’s fees for the condemning authority, the condemning authority shall transfer, assign, and convey to the nonprofit hospital corporation the real property acquired in the condemnation proceedings. […]
16-22-8-55. Borrowing Powers; Use of Funds; Loan Negotiations; Appeal
Sec. 55. (a) The corporation may borrow money on promissory notes issued in the corporation’s name, as a municipal corporation, from recognized lending institutions, and pledge as security unlimited ad valorem taxes levied by the corporation and collected on all taxable property within the jurisdiction of the corporation. It is the duty of all officials […]
16-22-8-56. Pledge of Revenues, Money, or Other Property to Secure Repayment of Bonds or Leases; Statutory Lien Created
Sec. 56. (a) This section applies notwithstanding any other law. (b) A pledge of revenues, other money, or property made by the corporation to secure the repayment of its bonds or leases entered into with the building authority, regardless of when the pledge was made, is binding from the time the pledge is, or was, […]
16-22-8-57. Corporation Required to Pay Bonds or Leases in Full; Corporation Prohibited From Consenting to or Permitting Certain Actions
Sec. 57. (a) This section applies notwithstanding any other law. (b) The corporation is required to pay in full the principal of, and interest and premium, if any, on, or rental payments under, its bonds or leases entered into with the building authority, in accordance with the terms of these bonds or leases. (c) With […]