Sec. 53.
This act shall be construed as granting cumulative authority for the exercise of the various powers herein conferred, and neither the powers nor any bonds or notes issued hereunder shall be affected or limited by any other statutory or charter provision now or hereafter in force, other than as may be provided in this act, it being the purpose and intention of this act to create full, separate and complete additional powers. The various powers conferred herein may be exercised independently and notwithstanding that no bonds are issued hereunder.
History: 1969, Act 38, Imd. Eff. July 14, 1969
Structure Michigan Compiled Laws
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 331.73 - Pledges and Liens; Validity; Recording.
Section 331.73a - Refunding Bonds; Issuance; Purposes.
Section 331.73d - Refunding Bonds; Nonliability of State; Statement.
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Section 331.76 - Repealed. 2002, Act 436, Imd.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 331.78 - 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.