MCL - Index of Act 38 of 1969
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 38 of 1969 | HOSPITAL FINANCE AUTHORITY ACT (331.31 - 331.84) |
| 38-1969-1 | CHAPTER 1 (331.31...331.33) |
| Section 331.31 | Hospital finance authority act; short title. |
| Section 331.32 | Legislative declaration. |
| Section 331.33 | Definitions. |
| 38-1969-2 | CHAPTER 2 (331.41...331.46) |
| Section 331.41 | State hospital finance authority; creation; public body corporate and politic; appointment and terms of members; vacancies; deputies; quorum; action by authority; expenses; authority within department of treasury; independent exercise of powers, duties, and functions; conducting business at public meeting; notice. |
| Section 331.42 | Powers of state authority. |
| Section 331.43 | Hospital loan from state authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest. |
| Section 331.44 | Bonds and notes; renewal notes; refunding bonds; notes or bonds as general obligations of authority; contents of resolution authorizing notes or bonds; authority of member, officer, or other employee. |
| Section 331.45 | Repealed. 1992, Act 302, Imd. Eff. Dec. 21, 1992. |
| Section 331.46 | State authority; state treasurer, agent; deposits, payments, security; agreements; system of accounts. |
| 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 and notes subject to agency financing reporting act. |
| 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 debt. |
| 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 proceeds; defeasance. |
| 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. |