Mich. Comp. Laws § 331.42. Powers of state authority: Hospital Finance Authority Act – Michigan

Status: Enacted
Year Enacted: 1969
Year Amended: 2002
File: Download

The state authority has, among other powers, the authority to loan money to hospitals for the purpose of refinancing any outstanding indebtedness of a hospital if the state authority determines the refinancing is necessary to realize the objectives and purposes of this act.

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