Arizona § 48-5543 Lease provisions

Arizona Statutes

§ 48-5543 — Lease provisions

Arizona § 48-5543

Title 48Arizona Revised Statutes

Ch. 31SPECIAL HEALTH CARE DISTRICT

Art. 2Powers and Duties

This text of Arizona § 48-5543 (Lease provisions) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 48-5543 (2026).

Text

A lease of the hospital, a freestanding urgent care center, a medical clinic or a nursing care institution and their equipment shall:

1.Extend for a term of at least one year but not more than twenty years to be determined by the board of directors.

2.Be executed to a nonprofit corporation organized under title 10, chapters 24 through 40 for the purpose of conducting a hospital, a freestanding urgent care center, a medical clinic or a nursing care institution, combined hospital, nursing care institution and ambulance service or a combined freestanding urgent care center and ambulance service.

3.Provide for rent on terms and in an amount that are determined to be reasonable by the board of directors.

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A lease of the hospital, a freestanding urgent care center, a medical clinic or a nursing care institution and their equipment shall:

1. Extend for a term of at least one year but not more than twenty years to be determined by the board of directors.

2. Be executed to a nonprofit corporation organized under title 10, chapters 24 through 40 for the purpose of conducting a hospital, a freestanding urgent care center, a medical clinic or a nursing care institution, combined hospital, nursing care institution and ambulance service or a combined freestanding urgent care center and ambulance service.

3. Provide for rent on terms and in an amount that are determined to be reasonable by the board of directors.