Florida Statutes 154.247 – Financing of projects located outside of local agency
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Florida Statutes 154.247
- 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.
- Health facility: means any private corporation organized not for profit and authorized by law to provide:(a) Hospital services in accordance with chapter 395;(b) Nursing home care services in accordance with chapter 400;(c) Life care services in accordance with chapter 651;(d) Services for the developmentally disabled under chapter 393;(e) Services for the mentally ill under chapter 394;(f) Assisted living services in accordance with chapter 429; or(g) Hospice services in accordance with chapter 400. See Florida Statutes 154.205
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Local agency: means any county or municipality existing or hereafter created pursuant to the laws of this state. See Florida Statutes 154.205
Notwithstanding any provision of this part to the contrary, an authority may, if it finds that there will be a benefit or a cost savings to a health facility located within its jurisdiction, issue bonds for such health facility to finance projects for such health facility, or for another not-for-profit corporation under common control with such health facility, located outside the geographical limits of the local agency or outside this state.