There is a newer version of the Michigan Compiled Laws
2015 Michigan Compiled Laws
Chapter 331 - Hospitals
Act 38 of 1969 HOSPITAL FINANCE AUTHORITY ACT (331.31 - 331.84)
38-1969-4 CHAPTER 4 (331.71...331.84)
- Section 331.71 Applicability of chapter.
- Section 331.72 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 Bond reserve fund; creation; payment into fund; funding; discretion of authority; uses.
- Section 331.73 Pledges and liens; validity; recording.
- Section 331.73a Refunding bonds; issuance; purposes.
- Section 331.73b Refunding bonds; resolution; plan of refunding; determination; designation of bonds.
- Section 331.73c Refunding bonds issued by state authority; payment of principal, interest, and redemption premiums; sources; loan agreement.
- Section 331.73d Refunding bonds; nonliability of state; statement.
- Section 331.73e 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 Use of proceeds of refunding bonds and of earnings or profits on proceeds; resolution.
- Section 331.73g 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 Authority members; persons executing notes or bonds; personal liability.
- Section 331.75 Bond or note holders; vested rights, impairment.
- Section 331.76 Repealed. 2002, Act 436, Imd. Eff. June 10, 2002.
- Section 331.77 Certificate of need required; exception.
- Section 331.77a Bonds to refinance indebtedness or refund obligations as to facilities located outside state; determination.
- Section 331.77b Resolution authorizing issuance of bonds or notes; determination and consideration of conditions.
- Section 331.78 Bonds or notes; negotiability.
- Section 331.79 Bonds and notes; legal investments.
- Section 331.80 Tax exemption.
- Section 331.81 Bonds and notes; tax exemption, exception.
- Section 331.82 Nondiscrimination provision.
- Section 331.83 Construction of act as to powers conferred; purpose and intention.
- Section 331.84 Declaration of necessity; liberal construction.
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