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230-1987-1 - Chapter 1 (331.1101...331.1103)
Section 331.1101 - Short Title. - Sec. 101. This act shall be known and may be...
Section 331.1102 - Legislative Finding. - Sec. 102. The health and welfare of the people of...
Section 331.1103 - Definitions. - Sec. 103. As used in this act: (a) "Board of...
230-1987-2 - Chapter 2 (331.1201...331.1262)
Section 331.1201 - Question of Establishing Corporation; Election Required. - Sec. 201. Any county board of commissioners of a county...
Section 331.1202 - Holding Election; Canvass; Ballots. - Sec. 202. An election required under section 201 shall be...
Section 331.1203 - Corporation as Successor to County Public Hospital. - Sec. 203. (1) Upon the expiration of 90 days after...
Section 331.1204 - Organization of Health Care Facilities. - Sec. 204. Any county owning and operating a county hospital...
Section 331.1205 - Corporation or Subsidiary Corporation; Incorporation; Name. - Sec. 205. If, in accordance with sections 201 and 202,...
Section 331.1206 - Articles of Incorporation; Approval; Contents. - Sec. 206. Except as provided in section 203, the incorporation...
Section 331.1207 - Articles of Incorporation; Execution; Delivery; Filing; Publication; Certificate; Effective Date of Incorporation; Validity of Incorporation Conclusively Presumed; Section Inapplicable to Articles of Incorporation of Restructured C... - Sec. 207. (1) The articles of incorporation of a corporation...
Section 331.1208 - Articles of Incorporation; Amendment. - Sec. 208. (1) The articles of incorporation of a corporation...
Section 331.1209 - Board of Trustees and Subsidiary Board Incorporated by County; Appointment and Terms of Trustees; Qualifications; Oath; Removal From Office; Notice of Hearing; Hearing; Vote. - Sec. 209. (1) All of the following apply to each...
Section 331.1210 - Board of Trustees and Subsidiary Board; Quorum; Action by Vote of Majority. - Sec. 210. A majority of the trustees serving on a...
Section 331.1211 - Availability of Writings to Public; Confidentiality. - Sec. 211. A writing prepared, owned, used, in the possession...
Section 331.1212 - Compensation of Trustees; Bond; Trustees as Public Servants; Conflicts of Interest; Disclosure. - Sec. 212. (1) Each trustee of a corporation or subsidiary...
Section 331.1213 - Corporation and Subsidiary Corporation as Body Corporate; Power to Sue and Be Sued; Official Seal; Liability or Debt. - Sec. 213. Each corporation and subsidiary corporation organized or existing...
Section 331.1251 - Public Hospital or Other Health Care Facility; Incorporation of Corporation; Election Required. - Sec. 251. The city council of a city or the...
Section 331.1252 - Election; Place; Canvassing Vote; Ballots. - Sec. 252. An election required under section 251 shall be...
Section 331.1253 - Corporation as Successor to City or Village Public Hospital; Terms of Trustees Continued; Rights, Privileges, Immunities, and Franchises, Personal Property, Debts, and Choses in Action; Interests and Licenses; Title or Interest in... - Sec. 253. (1) If the city or village electors approve...
Section 331.1254 - Incorporation of Corporation and Subsidiary Corporations; Names. - Sec. 254. If, in accordance with sections 251 and 252,...
Section 331.1255 - Articles of Incorporation Generally. - Sec. 255. The incorporation of a corporation by a city...
Section 331.1256 - Articles of Incorporation; Execution; Delivery; Publication; Filing; Certificate; Effective Date; Validity of Incorporation; Section Inapplicable to Articles of Incorporation of Restructured Corporation or Subsidiary. - Sec. 256. (1) The articles of incorporation of a corporation...
Section 331.1257 - Articles of Incorporation; Amendment. - Sec. 257. (1) The articles of incorporation of a corporation...
Section 331.1258 - Board of Trustees and Subsidiary Board Incorporated by City or Village; Appointment and Terms of Trustees; Qualifications; Oath; Removal From Office; Notice of Hearing; Hearing; Vote. - Sec. 258. (1) All of the following apply to each...
Section 331.1259 - Board of Trustees and Subsidiary Board; Quorum; Actions. - Sec. 259. A majority of the trustees serving on a...
Section 331.1260 - Board of Trustees and Subsidiary Board; Availability of Writings to Public; Confidentiality. - Sec. 260. A writing prepared, owned, used, in the possession...
Section 331.1261 - Board of Trustees and Subsidiary Board; Compensation and Expenses; Bond; Trustees as Public Servants; Policies and Procedures; Conflicts of Interest; Disclosure. - Sec. 261. (1) Each trustee of a corporation or subsidiary...
Section 331.1262 - Corporation and Subsidiary Corporation as Body Corporate; Powers; Liability or Debt. - Sec. 262. Each corporation and subsidiary corporation incorporated by a...
230-1987-3 - Chapter 3 (331.1301...331.1307)
Section 331.1301 - Corporation and Subsidiary Corporation; Powers Generally. - Sec. 301. Each corporation and subsidiary corporation governed by this...
Section 331.1302 - Bylaws. - Sec. 302. Each corporation, and each subsidiary corporation with the...
Section 331.1303 - Board of Trustees and Subsidiary Board; Powers Generally. - Sec. 303. Without limiting the powers described in section 301...
Section 331.1304 - Board of Trustees and Subsidiary Board; Additional Powers. - Sec. 304. Without limiting the powers described in section 301...
Section 331.1305 - Powers of Local Governmental Unit Generally. - Sec. 305. Subject to applicable licensing and other regulatory requirements,...
Section 331.1305a - Restructure of Corporation or Subsidiary Corporation as Nonprofit. - Sec. 305a. (1) Subject to applicable licensing and other regulatory...
Section 331.1306 - Board of Trustees or Subsidiary Board; Sale or Transfer of Ownership or Operation; Terms; Acceptance of Notes, Bonds, or Obligations; Discrimination Prohibited; Approval of Transfer; Transfer Not to Impair Corporate Obligation, Bon... - Sec. 306. (1) Subject to applicable licensing and other regulatory...
Section 331.1307 - Definitions; Retention of Employees; Continuation of Collective Bargaining Agreements; Bargaining Representative; Standing of Employee to Commence Action; Rescission of Transactions; Continued Participation in Federal Old Age, Surv... - Sec. 307. (1) As used in this section: (a) "Contractor"...
230-1987-4 - Chapter 4 (331.1401...331.1415)
Section 331.1401 - Board of Trustees or Subsidiary Board; Power to Borrow Money and Issue Notes; Resolution; Applicability of Revised Municipal Finance Act. - Sec. 401. (1) A board of trustees or subsidiary board...
Section 331.1402 - Corporation or Subsidiary Corporation; Additional Powers; Prohibited Conduct. - Sec. 402. In addition to the powers provided elsewhere in...
Section 331.1403 - Corporation or Subsidiary Corporation; Additional Powers; Refinancing or Refunding Indebtedness; Redemption; Limitation; Determination of Board of Trustees or Subsidiary Conclusive; Exception. - Sec. 403. (1) Subject to the approvals required under sections...
Section 331.1404 - Corporation Obligations as General Obligations of Issuing Corporation or Subsidiary Corporation; Corporation Obligations Neither Local Governmental Unit nor State Debt. - Sec. 404. (1) Except as expressly provided by the corporation...
Section 331.1405 - Provisions of Resolution Authorizing Issuance of Corporation Obligations as Part of Contract. - Sec. 405. A resolution authorizing issuance of corporation obligations may...
Section 331.1406 - Corporation Obligations Generally. - Sec. 406. (1) Corporation obligations shall be authorized by resolution...
Section 331.1407 - Refunding Corporation Obligations. - Sec. 407. (1) To protect the rights of the holders...
Section 331.1408 - Security Instruments to Continue in Effect Until Principal and Interest on Corporation Obligations Paid in Full; Terms of Security Instrument; Recital. - Sec. 408. (1) The provisions of this act, any resolution...
Section 331.1409 - Lien of Pledge. - Sec. 409. Any pledge made by a corporation or a...
Section 331.1410 - Personal Liability on Notes or Corporation Obligations. - Sec. 410. Neither the trustees of a corporation or subsidiary...
Section 331.1411 - Pledge and Agreement of State. - Sec. 411. The state pledges and agrees with the holders...
Section 331.1412 - Corporation Obligations; Statutory Provisions to Which Issuance of Obligations Subject; Legality. - Sec. 412. (1) Except as provided in subsection (2), the...
Section 331.1413 - Corporation Obligations as Negotiable Instruments Under Uniform Commercial Code. - Sec. 413. Whether or not notes or corporation obligations issued...
Section 331.1414 - Notes and Corporation Obligations as Investment Securities. - Sec. 414. The notes and corporation obligations of any corporation...
Section 331.1415 - State Covenants With Purchasers, Subsequent Holders, and Transferees of Notes and Corporation Obligations. - Sec. 415. The state covenants with the purchasers and all...
230-1987-5 - Chapter 5 (331.1501...331.1507)
Section 331.1501 - Financial Reports and Annual Audits. - Sec. 501. Each corporation and subsidiary corporation shall prepare and...
Section 331.1502 - Indemnification of Certain Persons. - Sec. 502. (1) A corporation or subsidiary corporation may indemnify...
Section 331.1503 - Dissolution of Corporation or Subsidiary Corporation. - Sec. 503. (1) Any corporation which has completed the purposes...
Section 331.1504 - Tax Exemption. - Sec. 504. All property of any corporation or nonprofit subsidiary...
Section 331.1505 - Cumulative Authority for Exercise of Various Powers; Exercise of Powers Enumerated or Not Enumerated. - Sec. 505. (1) This act grants cumulative authority for the...
Section 331.1507 - Effective Date. - Sec. 507. This act shall take effect upon the expiration...