MCL - 38-1969-3

HOSPITAL FINANCE AUTHORITY ACT (EXCERPT)
Act 38 of 1969
Chapter 3

Document Type Description
Section 331.51 Section Incorporation of local hospital authority; purposes.
Section 331.52 Section Local authority; articles of incorporation, adoption, certificate form.
Section 331.53 Section Local authority; articles, contents.
Section 331.54 Section Local authority; articles, execution, filing, publication; validity of incorporation.
Section 331.55 Section Local authority; articles, amendment.
Section 331.56 Section Local authority as public body corporate; enumeration of powers; general powers not limited; conducting business at public meeting; notice.
Section 331.57 Section Powers of local authority.
Section 331.57a Section Hospital loan from local authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest.
Section 331.58 Section 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 Section Contents of resolution authorizing bonds.
Section 331.60 Section Additional provisions of resolution authorizing bonds.
Section 331.61 Section Local authority; bonds, enforcement of payment, validity, publication.
Section 331.62 Section Issuance of new bonds.
Section 331.63 Section Local authority; conveyance of hospital facilities.