reglab/housing_qa huggingface dataset:
MI Comp L § 331.8e (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8e - Bonds; Creation of Lien in Authorizing Resolution; Nature and Effect of Lien; Default; Receiver.

331.8e Bonds; creation of lien in authorizing resolution; nature and effect of lien; default; receiver. Sec. 8e.  (1) There shall be created in the authorizing resolution a lien, by this act made a statutory lien upon all net revenues, including as a part thereof, the assessments against a member city, township, or village as provided in this act pledged to the payment of the principal of and interest on the bonds, to and in favor of the holders of the bonds and the interest coupons pertaining thereto. This lien shall be a first lien upon the revenues and amounts pledged, except where a prior lien exists, then the new lien shall be subject thereto.  (2) The revenues and amounts so pledged shall be and remain subject to the statutory lien until the payment in full of the principal of and interest upon the bonds. The holder or holders of bonds representing in the aggregate not less than 20% of the entire issue then outstanding may by suit, action, or other proceeding protect and enforce the statutory lien and enforce and compel the performance of all duties of the officials of the hospital authority, including the fixing of sufficient rates, the collection of revenues, the proper segregation of revenues, the proper application thereof, and the imposition and collection of assessments against a member city, township, or village assessed in accordance with this act. However, the statutory lien shall not be construed to give the holders or owners of a bond or coupon authority to compel the sale of any of the hospitals the revenues of which are pledged.  (3) If a payment of principal or interest on the bonds is in default, a court having jurisdiction in any proper action may appoint a receiver to administer and operate on behalf of the hospital authority, under direction of the court, any hospital the revenues of which are pledged to the payment of principal and interest. With the approval of the court the receiver may fix and charge rates and collect revenues sufficient to provide for the payment of bonds or other obligations outstanding against the revenues of the hospital, and for the payment of operating and maintenance expenses, and to apply the income and revenues of the hospital in conformity with this act, the resolution providing for the issuance of the bonds, and in accordance with orders of the court. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8f (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8f - Bonds; Public Sale; Notice; Publication; Private Sale.

331.8f Bonds; public sale; notice; publication; private sale. Sec. 8f.  Except as provided herein, bonds may not be sold except at public sale, after notice by publication at least 14 days before the sale in a publication printed in the English language and circulated in this state which carries as part of its regular service notices of sale of municipal bonds and which was approved by the department of treasury as a publication complying with the foregoing qualifications. If the hospital authority received a bid or bids at the time fixed for public sale which was rejected by the hospital authority board, then the bonds may be sold at private sale within 60 days thereafter at a price not less than the highest bid received at the public offering. If the hospital authority offered the bonds at a public offering and did not receive a bid, then the bonds may be sold at private sale within 60 days after that last public offering. During a period in which bonds may be sold at private sale the hospital authority board may enter into an agreement for delivery of the bonds in payment for the cost of the particular project for which the bonds are to be issued. Notwithstanding any of the foregoing provisions, bonds may be sold without a second public offering to the federal government or any agency thereof at private sale within 60 days after the first public offering at a price not less than the highest bid, if any, received at the first public offering. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 ;-- Am. 1983, Act 78, Imd. Eff. June 6, 1983 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8g (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8g - Bonds as Negotiable Instruments.

331.8g Bonds as negotiable instruments. Sec. 8g.  Such bonds shall have all the qualities of a negotiable instrument by the law merchant and the uniform commercial code. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8h (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8h - Bonds; Deposit or Investment of Sale Proceeds; Use of Moneys Received From Sale; Cancellation of Bonds Acquired by Purchase; Payment of Capitalized Interest.

331.8h Bonds; deposit or investment of sale proceeds; use of moneys received from sale; cancellation of bonds acquired by purchase; payment of capitalized interest. Sec. 8h.  (1) The hospital authority shall require the proceeds of the sale of bonds issued under this act to be deposited in an account separate from other moneys of the hospital authority in 1 or more banks or savings and loan associations each having unimpaired capital and surplus amounting to at least $2,000,000.00 or which is insured by the federal deposit insurance corporation or the federal savings and loan insurance corporation. However, the proceeds may be invested in whole or in part in the manner provided in this act if the investment is authorized in the resolution authorizing the bonds or approved by the department of treasury.  (2) All moneys received from the sale of bonds shall be used solely for the purpose for which the bonds were authorized including any engineering, legal, and other expenses incidental thereto, and including the payment of interest on the bonds during a period not to exceed the first 3 years following the date of the bonds and the amount required for operation and maintenance prior to the receipt of the first revenues. An unexpended balance of the proceeds from the sale of the bonds remaining after completion of the project for which issued, may, to the extent of 15% of the amount of the issue, be used for the improvement or enlargement of hospitals of the hospital authority or may be used to defray the cost of additional hospitals of the hospital authority, if approved by the department of treasury. A remaining balance shall be paid immediately into the bond and interest redemption fund and used only for the redemption or purchase, at no more than the fair market value, of outstanding bonds the issue from which the proceeds were derived. Any bonds so acquired by purchase shall be canceled and shall not be reissued. A resolution authorizing bonds shall state the period for which interest is to be capitalized, and upon receipt of the proceeds of the bonds there shall be set aside therefrom in the bond and interest redemption fund the amount of interest which will accrue during such period at the interest rate or rates specified in the bonds. Moneys so set aside, except for the temporary investment thereof, shall be used solely for the payment of such capitalized interest. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 ;-- Am. 1983, Act 78, Imd. Eff. June 6, 1983 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8i (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8i - Free Service by Hospital Prohibited; Rates for Services.

331.8i Free service by hospital prohibited; rates for services. Sec. 8i.  Free service may not be furnished by a hospital, the revenues of which are pledged for the payment of bonds, to a person, firm, or corporation, public or private, or to a public agency or instrumentality. The reasonable cost and value of a service rendered to a public agency, including a member city, township, or village, shall be paid for as the service accrues from its current funds and the charges when so paid shall be accounted for in the same manner as other revenues of the hospitals. Rates for services furnished by a hospital, the revenues of which are pledged for the payment of bonds, shall be fixed precedent to the issuance of the bonds. The rates shall be sufficient to provide for the payment of the expenses of administration, operation, and maintenance of the hospital as may be necessary to preserve the same in good repair and working order. The rates shall be sufficient to provide for the payment of principal of and interest on the bonds payable from the revenues of the hospital, as, and when, the same become due and payable, taking into account, however, amounts assessed or to be assessed against a member city, township, or village as provided in this act, and for the creation of any reserve for the payment of principal and interest as required in the resolution. The rates shall be sufficient to provide for such other expenditures and funds for the hospital as the resolution may require. The rates shall be fixed and revised from time to time by the hospital authority board so as to produce these amounts, and the hospital authority board shall covenant and agree in the resolution authorizing the issuance of the bonds, and on the face of each bond, to maintain at all times such rates for services furnished by such hospitals as shall be sufficient to provide for the foregoing. Rates charged for the services furnished by a hospital, the revenues of which are pledged for the payment of bonds under this act, shall not be subject to approval by any state, bureau, board, commission, or other like instrumentality or agency thereof. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8j (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8j - Additional Bonds.

331.8j Additional bonds. Sec. 8j.  (1) A hospital authority issuing bonds pursuant to this act may provide in the authorizing resolution for issuance of additional bonds of equal standing: (a) For completion of the project for which the bonds were issued if the bonds first authorized are insufficient therefor; (b) for the subsequent enlargement, extension, improvement, or repair of existing hospitals; or (c) for acquiring, equipping, or furnishing of a new hospital or hospitals. The additional bonds may be issued and sold from time to time as the proceeds therefrom may be necessary. The bonds when so sold shall have equal standing with those issued in the first instance. The additional bonds may be issued in separate series from the original bonds with different dates of issuance and with such changes in the form thereof as are consistent with that equality of standing.  (2) This act providing for annual installments and the amount thereof and the due date of the first installment shall not be controlling as to each such additional series, except that after 4 years from the date of the additional bonds, the total amount of bonds in the additional series and in the previously issued series of equal standing maturing in any 1 operating year shall not be less than 1/5 of the total amount of all the bonds maturing in any subsequent years. The additional bonds of equal standing may not be issued unless authorized as provided in this act.  (3) A provision in a resolution or ordinance heretofore adopted by any hospital authority board providing for the issuance of additional bonds is hereby ratified and confirmed, and any hospital authority board may issue additional bonds in accordance with that resolution or ordinance, which bonds shall be of equal standing with any bonds outstanding heretofore issued by that hospital authority. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8k (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8k - Bonds; Authorizing Reduction to Fix Beginning and Ending Dates of Operating Year.

331.8k Bonds; authorizing reduction to fix beginning and ending dates of operating year. Sec. 8k.  The resolution authorizing the issuance of bonds shall fix the dates of the beginning and ending of the operating year for the projects financed, subject to the right of the department of treasury to require that it corresponds with the fiscal year of the hospital authority. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 ;-- Am. 1983, Act 78, Imd. Eff. June 6, 1983 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8n (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8n - Disposition of Moneys in Funds Established by Authorizing Resolution and of Moneys in Bond and Interest Redemption Fund.

331.8n Disposition of moneys in funds established by authorizing resolution and of moneys in bond and interest redemption fund. Sec. 8n.  Moneys in the several funds established by the resolution authorizing the bonds shall be deposited with 1 or more banks designated by the hospital authority board. Moneys in the bond and interest redemption fund, including reserve moneys, shall be kept on deposit with the bank or trust company or with 1 of the banks or trust companies at which the principal and interest on the bonds are currently payable. The hospital authority board in the authorizing resolution may provide that moneys in the several funds established thereby, except moneys in the bond and interest redemption fund and moneys derived from the sale of the bonds may be kept in 1 bank account, in which event the moneys in the bank account shall be allocated on the books and records of the hospital authority to the funds in the manner provided in the authorizing resolution; or the hospital authority board may provide that the moneys in the several funds may be kept in separate depositary accounts. Moneys in the bond and interest redemption fund shall be kept in a separate depositary account. Moneys in the several funds established by the resolution authorizing the bonds may be invested in United States government obligations subject to such limitations and conditions as may be provided in the authorizing resolution. Investment of moneys in the bond and interest redemption fund being accumulated for payment of next maturing principal or interest on the bonds shall be limited to United States government obligations bearing maturity dates prior to the date of the next maturing principal or interest. In the event of any such investment, the security representing the same shall be kept on deposit with the bank or trust company having the deposit of the fund or funds from which the purchase was made. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8p (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8p - Redemption of Bonds.

331.8p Redemption of bonds. Sec. 8p.  The hospital authority board may make provision in the authorizing resolution for the redemption prior to maturity of bonds authorized under the provisions of this act or any part thereof. Except in the case of refunding, bonds of an issue less than all the outstanding bonds of the issue may not be called for redemption, unless the hospital authority has on hand in the bond and interest redemption fund sufficient moneys therefor not otherwise appropriated or pledged in excess of the amount of interest and principal maturing within the next 18 months from the redemption date. The premium to be paid upon the redemption of any bond shall not exceed 5% of the principal amount thereof. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8q (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8q - Repealed. 2002, Act 435, Imd. Eff. June 10, 2002.

331.8q Repealed. 2002, Act 435, Imd. Eff. June 10, 2002. Compiler's Notes: The repealed section pertained to issuance of bonds by hospital authority.Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8r (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8r - Books of Record and Accounts; Availability of Certain Writings to Public; Statement; Misdemeanor; Proceedings to Compel Compliance; Annual Audit Report.

331.8r Books of record and accounts; availability of certain writings to public; statement; misdemeanor; proceedings to compel compliance; annual audit report. Sec. 8r.  A hospital authority issuing bonds under this act shall install, maintain, and keep proper books of record and accounts separate entirely from other records and accounts of the hospital authority, in which full and correct entries shall be made of the dealings or transactions of or in relation to the properties, business, and affairs of the hospitals, and the revenues for which are pledged for the payment of bonds issued under this act. A writing prepared, owned, used, in the possession of, or retained by a hospital authority in the performance of an official function shall be made available to the public in compliance with the freedom of information act, Act No. 442 of the Public Acts of 1976. The hospital authority board, not later than 6 months after the close of an operating year, shall prepare on forms furnished by the department of treasury a statement in reasonable detail, sworn to by its chief accounting officer, showing the cash income and disbursements of the hospitals during the operating year and the assets and liabilities of the hospitals at the close of the year. A certified copy of the statement shall be filed with the department of treasury not later than 6 months after the close of the operating year. The hospital authority board or an officer, member, or employee of the hospital authority board, charged with the duty of compiling and furnishing the statement required in this section, who refuses or neglects to furnish the statement to the department of treasury within the time required, is guilty of a misdemeanor. The department of treasury may compel compliance with this section by appropriate proceedings brought in a court of competent jurisdiction. If the books of record and account pertaining to the hospitals are audited annually by a certified public accountant the audit report prepared by the certified public accountant shall be used in place of the statement to be prepared on forms furnished by the department of treasury, and the provisions of this section pertaining to the statement shall apply to the annual audit report. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 ;-- Am. 1977, Act 180, Imd. Eff. Nov. 17, 1977 ;-- Am. 1983, Act 78, Imd. Eff. June 6, 1983 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8s (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8s - Authority and Rights of Hospital Authority; Prior Actions and Proceedings Validated.

331.8s Authority and rights of hospital authority; prior actions and proceedings validated. Sec. 8s.  A hospital authority, heretofore organized and operating pursuant to this act, shall have all the authority and rights granted under this act or any amendments thereto, relative to the construction of community hospitals, operation of same, issuance of bonds therefor, and pledging of income and revenues therefor, including the amounts assessed to the various member communities. An action of the hospital authority board of any hospital authority in the adoption of a resolution for the issuance of bonds and any proceedings taken under the resolution and law in relation thereto prior to the effective date of this amendatory act is hereby validated, ratified, and confirmed, and the hospital authority board of any such hospital authority may issue, sell, and deliver the bonds authorized by such actions and proceedings in the manner prescribed by law. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.8t (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.8t - Certificate of Need.

331.8t Certificate of need. Sec. 8t.  A hospital authority heretofore organized and operating pursuant to this act shall, prior to expending any authority funds for the expansion of facilities or bonding for the construction of new facilities and/or the purchase of additional existing facilities shall obtain a certificate of need from the state of Michigan department of health as per Act No. 256 of the Public Acts of 1972, being section 331.454. History: Add. 1973, Act 161, Imd. Eff. Dec. 14, 1973 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.10 (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.10 - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

331.10 Violation of MCL 168.1 to 168.992 applicable to petitions; penalties. Sec. 10.  A petition under section 8c or 9, including the circulation and signing of the petition, is subject to section 488 of the Michigan election law, 1954 PA 116, MCL 168.488. A person who violates a provision of the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992, applicable to a petition described in this section is subject to the penalties prescribed for that violation in the Michigan election law, 1954 PA 116, MCL 168.1 to 168.992. History: Add. 1998, Act 186, Eff. Mar. 23, 1999 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.11 (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 47 of 1945 - Hospital Authority (331.1 - 331.11)|Section 331.11 - Declaration of Necessity.

331.11 Declaration of necessity. Sec. 11.  This act is necessary for the protection of the public welfare, health and safety. History: 1945, Act 47, Imd. Eff. Mar. 15, 1945 ;-- CL 1948, 331.11 Popular Name: Municipal Hospital Authority Act
MI Comp L § 331.101 (2021)
2021 Michigan Compiled Laws|Chapter 331 - Hospitals|Act 139 of 1909 - Hospitals and Sanatoria (331.101 - 331.105)|Section 331.101 - County Taxation in Aid of Hospitals; Power of Supervisors.

331.101 County taxation in aid of hospitals; power of supervisors. Sec. 1.  The several boards of county supervisors of this state may raise by a tax to be levied on the property of said county, subject to taxation for county purposes, a sum of money to be used for constructing or maintaining or assisting to construct or maintain any hospital or sanitarium within said county. The said board of supervisors shall designate the hospital or sanitarium for which the moneys so raised are to be used: Provided, That any county not having within its boundary a hospital or sanitarium or any county though having a hospital or sanitarium within its boundary wishing to act in conjunction with any other county or counties for the purposes herein provided, may, in the judgment of the board of supervisors, use said moneys so raised in such combined undertaking of said several counties. History: 1909, Act 139, Eff. Sept. 1, 1909 ;-- CL 1915, 10854 ;-- CL 1929, 7058 ;-- CL 1948, 331.101