Michigan Compiled Laws
Act 38 of 1969 - Hospital Finance Authority Act (331.31 - 331.84)
38-1969-2 - Chapter 2 (331.41...331.46)

Section 331.41 - State Hospital Finance Authority; Creation; Public Body Corporate and Politic; Appointment and Terms of Members; Vacancies; Deputies; Quorum; Action by Authority; Expenses; Authority Within Department of Treasury; Independent Exercis... - Sec. 11. (1) The state hospital finance authority is created....

Section 331.42 - Powers of State Authority. - Sec. 12. The state authority has the powers necessary to...

Section 331.43 - Hospital Loan From State Authority; Purpose; Requirements; Security; Appointment of Receiver; Limitation on Loan; Repayment; Interest. - Sec. 13. The state authority may lend money to hospitals...

Section 331.44 - Bonds and Notes; Renewal Notes; Refunding Bonds; Notes or Bonds as General Obligations of Authority; Contents of Resolution Authorizing Notes or Bonds; Authority of Member, Officer, or Other Employee. - Sec. 14. (1) The state authority periodically may issue its...

Section 331.45 - Repealed. 1992, Act 302, Imd. Eff. Dec. 21, 1992. - Compiler's Notes: The repealed section pertained to the creation and...

Section 331.46 - State Authority; State Treasurer, Agent; Deposits, Payments, Security; Agreements; System of Accounts. - Sec. 16. (1) All moneys of the state authority, except...