Section 35-2-436 – Liberal Construction.
35-2-436. Liberal construction. This act being necessary to secure the public health, safety, convenience and welfare, shall be liberally construed to effect its purposes.
Section 35-2-437 – Trustee Districts by Rule; Requirements.
35-2-437. Trustee districts by rule; requirements. When the assessed valuation of the property within a hospital district exceeds three million dollars ($3,000,000.00), the board of trustees for that hospital district may divide the district into no more than three (3) trustee districts and provide for the election of at least one (1) trustee from each […]
Section 35-2-438 – Dissolution.
35-2-438. Dissolution. (a) Subject to the requirements of this section, the trustees of a hospital district may vote to dissolve and terminate the district. The plan to dissolve and terminate the district shall provide for the following: (i) Payment of all bonded and other indebtedness against the district; (ii) Disposition of assets of the district […]
Section 35-2-432 – Refunding Securities.
35-2-432. Refunding securities. (a) Any securities of the board of a hospital district issued hereunder or pursuant to any other act and payable from any pledged revenues may be refunded by the board by the adoption of a resolution or resolutions by the board authorizing the issuance of securities at public or private sale: (i) […]
Section 35-2-433 – Powers and Responsibility of Board of Trustees.
35-2-433. Powers and responsibility of board of trustees. The board of trustees have plenary powers and responsibility for the acquisition, construction, and completion of all projects authorized by the resolution to issue revenue securities or refunding securities.
Section 35-2-434 – Board May Accept Grants.
35-2-434. Board may accept grants. The board may accept grants of money or materials or property of any kind from the federal government, the state, any agency or political subdivision thereof, or any person, upon such terms and conditions as the federal government, the state, or such agency or political subdivision, or person may impose.
Section 35-2-435 – Charges and Rentals.
35-2-435. Charges and rentals. The board shall establish and collect charges for services and rentals for use of facilities furnished, acquired, constructed, or purchased from the proceeds of such securities, sufficient to pay the principal or the interest, or both, on the securities as they become due and payable, together with such additional sums as […]
Section 35-2-427 – Securities for Acquiring Hospitals and Related Facilities; Issuance From Time to Time in One or More Series.
35-2-427. Securities for acquiring hospitals and related facilities; issuance from time to time in one or more series. The securities authorized hereby may be issued from time to time and in one (1) or more series as the trustees may determine.
Section 35-2-428 – Securities for Acquiring Hospitals and Related Facilities; Obligation of Trustees to Holders; Suit for Default, Misuse of Funds.
35-2-428. Securities for acquiring hospitals and related facilities; obligation of trustees to holders; suit for default, misuse of funds. The obligation of the trustees to the holders of the securities shall be limited to applying the funds, as set forth above, to the payment of interest and principal on said securities, and the securities shall […]
Section 35-2-429 – Construction to Be Done by Contract Based on Competitive Bidding; Alternate Delivery Methods.
35-2-429. Construction to be done by contract based on competitive bidding; alternate delivery methods. (a) Except as provided under subsection (b) of this section and otherwise, the work of constructing the various buildings shall be done by contract based on competitive bidding. Notice of call for bids shall be for such period of time and […]