Michigan StatutesAct 38 of 1969 - HOSPITAL FINANCE AUTHORITY ACT (331.31 - 331.84)
- 38-1969-1 - CHAPTER 1 (331.31...331.33)
- 38-1969-2 - CHAPTER 2 (331.41...331.46)
- 38-1969-3 - CHAPTER 3 (331.51...331.63)
- Section 331.51 - Incorporation of local hospital authority; purposes.
- Section 331.52 - Local authority; articles of incorporation, adoption, certificate form.
- Section 331.53 - Local authority; articles, contents.
- Section 331.54 - Local authority; articles, execution, filing, publication; validity of incorporation.
- Section 331.55 - Local authority; articles, amendment.
- Section 331.56 - Local authority as public body corporate; enumeration of powers; general powers not limited; conducting business at public meeting; notice.
- Section 331.57 - Powers of local authority.
- Section 331.57a - Hospital loan from local authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest.
- Section 331.58 - Power of local authority to borrow money and issue negotiable bonds; purpose; payment of principal and interest; bond or coupon not general obligation or debt.
- Section 331.59 - Contents of resolution authorizing bonds.
- Section 331.60 - Additional provisions of resolution authorizing bonds.
- Section 331.61 - Local authority; bonds, enforcement of payment, validity, publication.
- Section 331.62 - Issuance of new bonds.
- Section 331.63 - Local authority; conveyance of hospital facilities.
- 38-1969-4 - CHAPTER 4 (331.71...331.84)
- Section 331.71 - Applicability of chapter.
- Section 331.72 - Bonds and notes; authorization; type; payment; interest; denominations; form; registration privileges; execution; redemption; sale; revised municipal finance act inapplicable; bonds a
- Section 331.72a - Bond reserve fund; creation; payment into fund; funding; discretion of authority; uses.
- Section 331.73 - Pledges and liens; validity; recording.
- Section 331.73a - Refunding bonds; issuance; purposes.
- Section 331.73b - Refunding bonds; resolution; plan of refunding; determination; designation of bonds.
- Section 331.73c - Refunding bonds issued by state authority; payment of principal, interest, and redemption premiums; sources; loan agreement.
- Section 331.73d - Refunding bonds; nonliability of state; statement.
- Section 331.73e - Refunding bonds issued by local authority; payment of principal, interest, and redemption premiums; sources; loan agreement; bond, coupon, or indebtedness not general obligation or d
- Section 331.73f - Use of proceeds of refunding bonds and of earnings or profits on proceeds; resolution.
- Section 331.73g - State treasurer or financial institution as trustee for proceeds of refunding bonds, other funds, and investment earnings and profits; purposes; trust agreement; investment of procee
- Section 331.74 - Authority members; persons executing notes or bonds; personal liability.
- Section 331.75 - Bond or note holders; vested rights, impairment.
- Section 331.76 - Repealed. 2002, Act 436, Imd. Eff. June 10, 2002.
- Section 331.77 - Certificate of need required; exception.
- Section 331.77a - Bonds to refinance indebtedness or refund obligations as to facilities located outside state; determination.
- Section 331.77b - Resolution authorizing issuance of bonds or notes; determination and consideration of conditions.
- Section 331.78 - Bonds or notes; negotiability.
- Section 331.79 - Bonds and notes; legal investments.
- Section 331.80 - Tax exemption.
- Section 331.81 - Bonds and notes; tax exemption, exception.
- Section 331.82 - Nondiscrimination provision.
- Section 331.83 - Construction of act as to powers conferred; purpose and intention.
- Section 331.84 - Declaration of necessity; liberal construction.