N.Y. Public Authorities Law 3401-A – Definitions
§ 3401-a. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context:
Terms Used In N.Y. Public Authorities Law 3401-A
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. "Board" shall mean the board of directors of the corporation as established by section thirty-four hundred two of this title.
2. "Bonds" shall mean the bonds, notes or other evidences of indebtedness issued by the corporation pursuant to this title and the provisions of this title relating to bonds and bondholders shall apply with equal force and effect to notes and noteholders, respectively, unless the context otherwise clearly requires.
3. "Corporation" shall mean the public benefit corporation created by section thirty-four hundred two of this title, known as the Nassau Health Care Corporation.
4. "County" shall mean the county of Nassau.
5. "Director" shall mean a voting director appointed to the corporation pursuant to section thirty-four hundred two of this title.
6. "Health facility" shall mean a building, structure or unit or any improvement to real property, including all necessary and usual attendant and related equipment, facilities or fixtures, or any part or parts thereof, or any combination or combinations thereof, including, but not limited to, a general hospital, psychiatric hospital, ambulatory clinic or center, chronic disease hospital, nursing home, extended-care facility, dispensary or laboratory or any other related facility, or any combination of the foregoing, constructed, acquired or otherwise provided by or for the use of the corporation or the county in providing health and medical services to the public.
7. "Project" shall mean any health facility, facility, improvement, building, land, rights in land, equipment, machinery, apparatus, furnishings, property, real or personal, contract right or operation, the planning, development, financing, acquisition, construction, reconstruction, rehabilitation, renovation, undertaking or maintenance of which is authorized to be undertaken in whole or in part by the corporation pursuant to this title, including but not limited to the corporation's acquisition of facilities or property from the county pursuant to section thirty-four hundred six of this title.