PocketLaw | Michigan Compiled Laws | 47 of 1945 - Hospital Authority

47 of 1945 - Hospital Authority (331.1 - 331.11)

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Hospital Authority; Formation; Issuance and Purpose of Bonds; Enlargement of Powers; “Hospitals” and “Community Hospitals and Related Facilities” Defined.

Hospital Authority; Body Corporate; Powers; Entity Unable to Document Compliance; Validation, Ratification, and Confirmation of Actions or Proceedings.

Contents of Resolution Creating Hospital Authority; Subsequent Membership; Release From Membership; Prior Actions and Proceedings Validated.

Community Hospitals; Annual Tax; Reimbursement Payments Under Glenn Steil State Revenue Sharing Act of 1971; Additional Annual Tax for Capital Improvements; Election.

Hospital Board; Appointment, Qualifications, and Terms of Members; Temporary Officers; Resolutions Removing Members at Large; Duties of Secretary; Limitation on Procedure; First Meeting; Election of Officers; Executive Committee; Medical Advisory Committee; Employees; Voting; Committees Generally; Employment of Former Members.

Hospital Board; Meetings; Conducting Business at Public Meeting; Notice of Meeting; Waiver of Notice; Quorum; Record of Meeting; Availability of Record and Other Writings to Public; System of Accounts; Audit; Treasurer's Bond; Bylaws, Rules, and Policies; Violations; Determination of No Material Assets; Resolution.

Balanced Budget; Preparation; Contents; Notice of Public Hearing; Adoption of Budget; Determining Respective Shares of Cities, Townships, and Villages; Assessed Valuations; Tax Levy; Certification of Amounts to Be Raised; Tax Limitation; Payment and Liability for Amounts Certified; Reports.

Bonds; Issuance; Purpose; Liability; Payment; Sale; Interest Rate; Bonds Subject to Revised Municipal Finance Act.

Borrowing Money and Issuing Notes; Purpose; Resolution; Maturity; Validation of Notes Previously Issued; Bonds and Notes Subject to Agency Financing Reporting Act.

Hospital Board; Bonds for Capital Improvements in Anticipation of Collection of Additional Tax Levy; Levy for Payment of Bonds and Interest.

Bonds; Authorization; Ordinance; Referendum Petition and Election; Notice; Resolution.

Bonds; Contents of Authorizing Resolution; Serial; Installments; Form; Execution; Payment of Principal and Interest; Registration.

Bonds; Creation of Lien in Authorizing Resolution; Nature and Effect of Lien; Default; Receiver.

Bonds; Public Sale; Notice; Publication; Private Sale.

Bonds as Negotiable Instruments.

Bonds; Deposit or Investment of Sale Proceeds; Use of Moneys Received From Sale; Cancellation of Bonds Acquired by Purchase; Payment of Capitalized Interest.

Free Service by Hospital Prohibited; Rates for Services.

Additional Bonds.

Bonds; Authorizing Reduction to Fix Beginning and Ending Dates of Operating Year.

Funds to Which Hospital Revenues Pledged in Authorizing Resolution.

Disposition of Moneys in Funds Established by Authorizing Resolution and of Moneys in Bond and Interest Redemption Fund.

Redemption of Bonds.

Repealed. 2002, Act 435, Imd. Eff. June 10, 2002.

Books of Record and Accounts; Availability of Certain Writings to Public; Statement; Misdemeanor; Proceedings to Compel Compliance; Annual Audit Report.

Authority and Rights of Hospital Authority; Prior Actions and Proceedings Validated.

Certificate of Need.

Powers of Hospital Board as to Property; Sale, Lease, or Other Transfer of Hospital to Nonprofit Corporation; Sale, Lease, or Other Transfer of Real Property to County.

Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

Declaration of Necessity.