Michigan · Statutes
Act Act-38-of-1969
45 sections
45 sections
- Mich. Comp. Laws § 331.31Hospital finance authority act; short title.
- Mich. Comp. Laws § 331.32Legislative declaration.
- Mich. Comp. Laws § 331.33Definitions.
- Mich. Comp. Laws § 331.41State 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.
- Mich. Comp. Laws § 331.42Powers of state authority.
- Mich. Comp. Laws § 331.43Hospital loan from state authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest.
- Mich. Comp. Laws § 331.44Bonds 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.
- Mich. Comp. Laws § 331.46State authority; state treasurer, agent; deposits, payments, security; agreements; system of accounts.
- Mich. Comp. Laws § 331.51Incorporation of local hospital authority; purposes.
- Mich. Comp. Laws § 331.52Local authority; articles of incorporation, adoption, certificate form.
- Mich. Comp. Laws § 331.53Local authority; articles, contents.
- Mich. Comp. Laws § 331.54Local authority; articles, execution, filing, publication; validity of incorporation.
- Mich. Comp. Laws § 331.55Local authority; articles, amendment.
- Mich. Comp. Laws § 331.56Local authority as public body corporate; enumeration of powers; general powers not limited; conducting business at public meeting; notice.
- Mich. Comp. Laws § 331.57Powers of local authority.
- Mich. Comp. Laws § 331.57aHospital loan from local authority; purpose; requirements; security; appointment of receiver; limitation on loan; repayment; interest.
- Mich. Comp. Laws § 331.58Power of local authority to borrow money and issue negotiable bonds; purpose; payment of principal and interest; bond or coupon not general obligation or debt.
- Mich. Comp. Laws § 331.59Contents of resolution authorizing bonds.
- Mich. Comp. Laws § 331.60Additional provisions of resolution authorizing bonds.
- Mich. Comp. Laws § 331.61Local authority; bonds, enforcement of payment, validity, publication.
- Mich. Comp. Laws § 331.62Issuance of new bonds.
- Mich. Comp. Laws § 331.63Local authority; conveyance of hospital facilities.
- Mich. Comp. Laws § 331.71Applicability of chapter.
- Mich. Comp. Laws § 331.72Bonds 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.
- Mich. Comp. Laws § 331.72aBond reserve fund; creation; payment into fund; funding; discretion of authority; uses.
- Mich. Comp. Laws § 331.73Pledges and liens; validity; recording.
- Mich. Comp. Laws § 331.73aRefunding bonds; issuance; purposes.
- Mich. Comp. Laws § 331.73bRefunding bonds; resolution; plan of refunding; determination; designation of bonds.
- Mich. Comp. Laws § 331.73cRefunding bonds issued by state authority; payment of principal, interest, and redemption premiums; sources; loan agreement.
- Mich. Comp. Laws § 331.73dRefunding bonds; nonliability of state; statement.
- Mich. Comp. Laws § 331.73eRefunding bonds issued by local authority; payment of principal, interest, and redemption premiums; sources; loan agreement; bond, coupon, or indebtedness not general obligation or debt.
- Mich. Comp. Laws § 331.73fUse of proceeds of refunding bonds and of earnings or profits on proceeds; resolution.
- Mich. Comp. Laws § 331.73gState 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.
- Mich. Comp. Laws § 331.74Authority members; persons executing notes or bonds; personal liability.
- Mich. Comp. Laws § 331.75Bond or note holders; vested rights, impairment.
- Mich. Comp. Laws § 331.77Certificate of need required; exception.
- Mich. Comp. Laws § 331.77aBonds to refinance indebtedness or refund obligations as to facilities located outside state; determination.
- Mich. Comp. Laws § 331.77bResolution authorizing issuance of bonds or notes; determination and consideration of conditions.
- Mich. Comp. Laws § 331.78Bonds or notes; negotiability.
- Mich. Comp. Laws § 331.79Bonds and notes; legal investments.
- Mich. Comp. Laws § 331.80Tax exemption.
- Mich. Comp. Laws § 331.81Bonds and notes; tax exemption, exception.
- Mich. Comp. Laws § 331.82Nondiscrimination provision.
- Mich. Comp. Laws § 331.83Construction of act as to powers conferred; purpose and intention.
- Mich. Comp. Laws § 331.84Declaration of necessity; liberal construction.