331.8k Bonds; authorizing reduction to fix beginning and ending dates of operating year. Sec. 8k. The resolution authorizing the issuance of bonds shall fix the dates of the beginning and ending of the operating year for the projects financed, subject to the right of the department of treasury to require that it corresponds with the […]
331.8m Funds to which hospital revenues pledged in authorizing resolution. Sec. 8m. In the authorizing resolution the hospital authority board shall pledge the revenues of the hospital or hospitals for the purpose of the following funds and shall provide that the revenues as collected, except amounts assessed by a hospital authority against a member city, […]
331.8n Disposition of moneys in funds established by authorizing resolution and of moneys in bond and interest redemption fund. Sec. 8n. Moneys in the several funds established by the resolution authorizing the bonds shall be deposited with 1 or more banks designated by the hospital authority board. Moneys in the bond and interest redemption fund, […]
331.8p Redemption of bonds. Sec. 8p. The hospital authority board may make provision in the authorizing resolution for the redemption prior to maturity of bonds authorized under the provisions of this act or any part thereof. Except in the case of refunding, bonds of an issue less than all the outstanding bonds of the issue […]
331.8q Repealed. 2002, Act 435, Imd. Eff. June 10, 2002. Compiler’s Notes: The repealed section pertained to issuance of bonds by hospital authority.Popular Name: Municipal Hospital Authority Act
331.8r Books of record and accounts; availability of certain writings to public; statement; misdemeanor; proceedings to compel compliance; annual audit report. Sec. 8r. A hospital authority issuing bonds under this act shall install, maintain, and keep proper books of record and accounts separate entirely from other records and accounts of the hospital authority, in which […]
331.8s Authority and rights of hospital authority; prior actions and proceedings validated. Sec. 8s. A hospital authority, heretofore organized and operating pursuant to this act, shall have all the authority and rights granted under this act or any amendments thereto, relative to the construction of community hospitals, operation of same, issuance of bonds therefor, and […]
331.8t Certificate of need. Sec. 8t. A hospital authority heretofore organized and operating pursuant to this act shall, prior to expending any authority funds for the expansion of facilities or bonding for the construction of new facilities and/or the purchase of additional existing facilities shall obtain a certificate of need from the state of Michigan […]
331.9 Powers of hospital board as to property; sale, exchange, lease, or other transfer of hospital to nonprofit corporation; sale, lease, or other transfer of real property to county; dissolution of hospital authority. Sec. 9. (1) For purposes of a hospital authority established under this act, the hospital board may purchase, lease, accept by gift […]
