Loan of public funds for hospital facilities

§ 7. Notwithstanding any other provision of this constitution, the\nlegislature may authorize the state, a municipality or a public\ncorporation acting as an instrumentality of the state or municipality to\nlend its money or credit to or in aid of any corporation or association,\nregulated by law as to its charges, profits, dividends, and disposition\nof its property or franchises, for the purpose of providing such\nhospital or other facilities for the prevention, diagnosis or treatment\nof human disease, pain, injury, disability, deformity or physical\ncondition, and for facilities incidental or appurtenant thereto as may\nbe prescribed by law.\n