Alabama § 22-21-156 Lease of Hospitals, Buildings or Facilities to Public or Nonprofit Corporations

Alabama Statutes

§ 22-21-156 — Lease of Hospitals, Buildings or Facilities to Public or Nonprofit Corporations

Alabama·Title 22 Health, Mental Health, and Environmental Control·Ch. 21 Hospitals and Other Health Care Facilities Generally·Art. 5 Municipal Hospital Building Authorities

Any public corporation heretofore or hereafter incorporated and existing under the provisions of this chapter is hereby authorized and empowered to lease any hospital, building or facility constructed and equipped under the provisions of this chapter to any public corporation or any nonprofit corporation. Nothing in this section shall be construed to allow the abrogation of the terms of any contract or to jeopardize any security for the fulfillment of any obligation assumed under the provisions of this chapter.

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Any public corporation heretofore or hereafter incorporated and existing under the provisions of this chapter is hereby authorized and empowered to lease any hospital, building or facility constructed and equipped under the provisions of this chapter to any public corporation or any nonprofit corporation. Nothing in this section shall be construed to allow the abrogation of the terms of any contract or to jeopardize any security for the fulfillment of any obligation assumed under the provisions of this chapter.

Alabama § 22-21-156 (Lease of Hospitals, Buildings or Facilities to Public or Nonprofit Corporations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.