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Code · Iowa · Chapter 145A — Area Hospitals

145A.17 Indebtedness and bonds.

80 words·~1 min read·/ia/chapter-145a-area-hospitals/145a-17

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Boards of hospital trustees may by resolution acquire sites and buildings by purchase, lease, construction, or otherwise, for use by area hospitals and may by resolution contract indebtedness on behalf of the merged area and issue bonds bearing interest at a rate not exceeding the rate of interest permitted by chapter 74A, to raise funds in accordance with chapter 75 for the purpose of acquiring the sites and buildings.
[C71, 73, 75, 77, 79, 81, §145A.17]
Referred to in §145A.18
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