Acquisition of real and personal property for hospital purposes

Sec. 2. (a) The governing board may purchase, construct, remodel, repair, enlarge, or acquire buildings and real or personal property for hospital purposes, upon terms and conditions acceptable to the board. (b) The governing board may use hospital funds if adequate provision is made for working capital and other known and anticipated hospital needs. [Pre-1993 Recodification Citations: 16-12.1-3-2; 16-12.1-4-2.] As added by P.L.2-1993, SEC.5. Amended by P.L.56-1995, SEC.6; P.L.91-2002, SEC.7 and P.L.100-2002, SEC.8.