145A.17 - INDEBTEDNESS AND BONDS.
145A.17 INDEBTEDNESS AND BONDS.
Boards of hospital trustees may by resolution acquire sites and
buildings by purchase, lease, construction, or otherwise, for use by
area hospitals and may by resolution contract indebtedness on behalf
of the merged area and issue bonds bearing interest at a rate not
exceeding the rate of interest permitted by chapter 74A, to raise
funds in accordance with chapter 75 for the purpose of acquiring the
sites and buildings. Section History: Early Form
[C71, 73, 75, 77, 79, 81, § 145A.17] Section History: Recent Form
85 Acts, ch 123, §8
Referred to in § 145A.18