Sec. 1. This chapter applies to a nonprofit hospital corporation:
(1) in a city having a population of:
(A) more than one hundred ten thousand (110,000) but less than one hundred fifty thousand (150,000); or
(B) more than one hundred thousand (100,000) but less than one hundred ten thousand (110,000);
(2) in a city without a city hospital or other means for furnishing the city's citizens hospital care; and
(3) that owns property in the city that:
(A) is used for hospital purposes; and
(B) has a value of at least four hundred thousand dollars ($400,000).
[Pre-1993 Recodification Citations: 16-12.2-6-1; 16-12.2-6-3 part.]
As added by P.L.2-1993, SEC.6. Amended by P.L.170-2002, SEC.105; P.L.119-2012, SEC.136.