155.41 Exceptions for sales or leases.
108 words·~1 min read·
/fl/title-xi/chapter-155/155-41A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 155.40 (3), as created by this act, shall apply retroactively to all sales, leases, or other contracts entered into pursuant to this section prior to the effective date of this act, except for:
(1)Any not-for-profit corporation if the lease or financial support agreement has been declared invalid in a final, nonappealable court order entered prior to April 1, 1996;
(2)Any sale, lease, or contract that has been declared valid in a final, nonappealable court order entered prior to April 1, 1996; or
(3)Any public hospital leased by a not-for-profit corporation that filed for protection under the federal Bankruptcy Code prior to March 1, 1993.