RS 1098.14 - Authority to issue bonds; continuation of prior obligations
A. The board shall have the power to issue bonds for the purpose of constructing, acquiring, extending, and improving healthcare facilities of the district pursuant to Article VI, Section 33 of the Constitution of Louisiana and other constitutional and statutory authority supplemental thereto. Such bonds may be issued only after authorization by a majority of voters in the district voting at an election called by the board and held for that purpose.
B. Bonds or other obligations secured by Slidell Memorial Hospital on August 1, 1984, shall continue to be secured by both the hospital and the district until they are retired.
Acts 2020, No. 365, §1, eff. June 12, 2020.