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Code · North Carolina · Chapter 131E — Health Care Facilities and Services

§ 131E-14.3. Lease or sale of hospital facilities to certain political subdivisions.

132 words·~1 min read·/nc/chapter-131e/131e-14-3

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§ 131E-14.3. Lease or sale of hospital facilities to certain political subdivisions.
Notwithstanding this Article or any other applicable State law, a municipality or hospital authority, or a nonprofit corporation controlled or established by a municipality or hospital authority, may enter into any transaction or agreement with a political subdivision of the State established under G.S. 116-350.5, or any of that political subdivision's component units or System affiliates, for the direct or indirect lease, sale, conveyance, assignment, or acquisition of, or acceptance of membership interest in, a hospital facility or any part of a hospital facility.
No party to a transaction or agreement permitted by this section is required to comply with G.S. 131E-8, 131E-13, or 131E-14 in conjunction with entering into or effectuating any such transaction or agreement. (2024-34, s. 13(d).)
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