Sec. 1. This chapter applies to a county that meets the following conditions:

(1) Has a hospital that meets the following conditions:

Terms Used In Indiana Code 16-22-12-1

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(A) Is established at a cost of at least five hundred thousand dollars ($500,000).

(B) Is:

(i) owned and operated by a corporation organized under IC 23-17; or

(ii) owned by a city within the county and operated, under the terms and conditions of a written lease, by a corporation organized under IC 23-17.

(C) The general corporate powers of the corporation are exercised by a board of directors that meets the following conditions:

(i) Is composed of residents of the county in which the hospital is located.

(ii) Has one (1) member who is a member of or a person designated by the county executive of the county.

(iii) May have one (1) member who is a licensed physician.

(iv) Is elected by the members of the corporation, who represent each organized church, religious association, labor union, and fraternal, charitable, military, and civic organization in the county.

(D) For which the revenue from the care of the hospital’s patients and other sources is insufficient to pay the cost of the operation, maintenance, repair, alteration, enlargement, furnishing, and equipment of the hospital.

(2) Does not own and operate a hospital or provide adequate hospital care.

[Pre-1993 Recodification Citation: 16-12-18-1(a).]

As added by P.L.2-1993, SEC.5.