Indiana Code 16-23-3-1. Application of chapter
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Sec. 1. This chapter applies to a third class city that meets the following conditions:
(2) Has a nonprofit hospital corporation that meets the following conditions:
(1) Has no hospital facilities for the third class city’s citizens.
Terms Used In Indiana Code 16-23-3-1
- 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.
(A) Has the hospital corporation’s principal office and place of business designated in the hospital corporation’s articles of incorporation as located in, or within one (1) mile of the limits of, the city.
(B) Desires to construct or has constructed in the city, or within one (1) mile of the city, a nonprofit hospital to be operated for charitable purposes.
(C) Has a governing board that meets the following conditions:
(i) Manages the construction, maintenance, and operation of the hospital.
(ii) Is entirely nonsectarian and nonpolitical.
[Pre-1993 Recodification Citations: 16-12.2-4-1(a); 16-12.2-4-3.]
As added by P.L.2-1993, SEC.6.