14-6,111. Boards of trustees of certain hospitals authorized to borrow money under federal public health service act for making certain contractual payments.
14-6,111
14-6,111. Boards of trustees of certain hospitals authorized to borrow
money under federal public health service act for making certain
contractual payments.
The board of trustees of a hospital of any city of the second class
having a population of more than eight thousand (8,000) and not more than
nine thousand (9,000) not located in a county designated as an urban area
which has heretofore entered into one or more contracts for the
construction, reconstruction, repair, remodeling, equipping, or enlarging
of a hospital may borrow funds under the provisions of the public health
service act, title VI, part B, 42 U.S.C. § 291j et seq., and all acts
of the United States congress amendatory thereof or supplemental thereto
and any other acts of the United States congress, for the purpose of making
when due any payment or payments required under such contract or contracts,
in the event that funds for such purpose are not available when required
because moneys required for payment to such board of trustees of a federal
grant obtained by it for the purpose of making all or a part of such
payments were not appropriated by the United States congress and available
to such board of trustees when required.
History: L. 1971, ch. 61, § 1; April 9.