MCL - 38-1969-4

HOSPITAL FINANCE AUTHORITY ACT (EXCERPT)
Act 38 of 1969
Chapter 4

Document Type Description
Section 331.71 Section Applicability of chapter.
Section 331.72 Section 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 Section Bond reserve fund; creation; payment into fund; funding; discretion of authority; uses.
Section 331.73 Section Pledges and liens; validity; recording.
Section 331.73a Section Refunding bonds; issuance; purposes.
Section 331.73b Section Refunding bonds; resolution; plan of refunding; determination; designation of bonds.
Section 331.73c Section Refunding bonds issued by state authority; payment of principal, interest, and redemption premiums; sources; loan agreement.
Section 331.73d Section Refunding bonds; nonliability of state; statement.
Section 331.73e Section 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 Section Use of proceeds of refunding bonds and of earnings or profits on proceeds; resolution.
Section 331.73g Section 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 Section Authority members; persons executing notes or bonds; personal liability.
Section 331.75 Section Bond or note holders; vested rights, impairment.
Section 331.76 Section Repealed. 2002, Act 436, Imd. Eff. June 10, 2002.
Section 331.77 Section Certificate of need required; exception.
Section 331.77a Section Bonds to refinance indebtedness or refund obligations as to facilities located outside state; determination.
Section 331.77b Section Resolution authorizing issuance of bonds or notes; determination and consideration of conditions.
Section 331.78 Section Bonds or notes; negotiability.
Section 331.79 Section Bonds and notes; legal investments.
Section 331.80 Section Tax exemption.
Section 331.81 Section Bonds and notes; tax exemption, exception.
Section 331.82 Section Nondiscrimination provision.
Section 331.83 Section Construction of act as to powers conferred; purpose and intention.
Section 331.84 Section Declaration of necessity; liberal construction.