Indiana Code
Chapter 7. Hospital Building Authorities in County With Hospital Operated Under Ic 16-23-1
16-22-7-40. Audit of Funds; Bond of Officers and Employees

Sec. 40. The state board of accounts may supervise and audit the funds of the authority. Any officer or employee of the authority authorized to receive or disburse funds or negotiable securities of the authority shall execute a bond of a surety or guaranty corporation qualified to do business in Indiana and payable to the state in an amount determined by the board. The bond must be conditioned upon the faithful performance of the officer's or employee's duties and the accounting for all money and property under the officer's or employee's control. The cost of bonds shall be paid by the authority. The records of the authority are public records.
[Pre-1993 Recodification Citation: 16-12-20.5-25.]
As added by P.L.2-1993, SEC.5.

Structure Indiana Code

Indiana Code

Title 16. Health

Article 22. County Hospitals

Chapter 7. Hospital Building Authorities in County With Hospital Operated Under Ic 16-23-1

16-22-7-1. Authority Defined

16-22-7-2. Governing Body Defined

16-22-7-3. Net Operating Revenue Defined

16-22-7-4. Recording Officer Defined

16-22-7-5. Creation of Authority; Resolution

16-22-7-6. Governing Board; Appointment; Terms

16-22-7-7. Disqualification or Removal of Appointee; Successor

16-22-7-8. Oath of Office of Director

16-22-7-9. Removal of Member From Office

16-22-7-10. Meetings of the Governing Board

16-22-7-11. Bylaws, Rules, and Regulations

16-22-7-12. Quorum; Reimbursement of Expenses

16-22-7-13. Conflicts of Interest

16-22-7-14. Preliminary Expenses

16-22-7-15. Authority to Finance and Construct Hospital Building

16-22-7-16. Powers of Governing Board

16-22-7-17. Leasing Land and Buildings for Hospital

16-22-7-18. Time for Making Leases

16-22-7-19. Source of Lease Rental Payments

16-22-7-20. Cumulative Building Fund as Lease Rental Payment Source

16-22-7-21. Notice and Hearing on Proposed Lease

16-22-7-22. Authorization and Execution of Lease

16-22-7-23. Notice of Execution of Lease; Petition of Objectors; Presentment to Department of Local Government Finance

16-22-7-24. Notice and Hearing on Objections

16-22-7-25. Time to Contest or Enjoin Lease

16-22-7-26. Terms of Lease

16-22-7-27. Issuance of Bonds

16-22-7-28. Approval of Plans and Specifications

16-22-7-29. Lease of Land to Authority by Hospital, Municipality, or County; Option to Purchase; Price

16-22-7-30. Sale of Land to Authority by Hospital, Municipality, or County

16-22-7-31. Issuance of Revenue Bonds by Authority

16-22-7-32. Nature of Revenue Bonds

16-22-7-33. Execution of Bonds

16-22-7-34. Terms of Bond Sale

16-22-7-35. Disposition of Bond Proceeds

16-22-7-36. Security for Bonds; Trust Indenture

16-22-7-37. Tax Levy for Lease Rental Payments

16-22-7-38. Lease Rentals Payable Solely From Hospital Revenues

16-22-7-39. Exemptions From State Taxation

16-22-7-40. Audit of Funds; Bond of Officers and Employees

16-22-7-41. Liquidation of Authority

16-22-7-42. Remodeling and Additions to Hospital

16-22-7-43. Party Wall or Other Agreements for Attaching Additions