§ 7. Loan of public funds for hospital facilities.
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/ny/constitution/social-welfare/7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 7. Notwithstanding any other provision of this constitution, the
legislature may authorize the state, a municipality or a public
corporation acting as an instrumentality of the state or municipality to
lend its money or credit to or in aid of any corporation or association,
regulated by law as to its charges, profits, dividends, and disposition
of its property or franchises, for the purpose of providing such
hospital or other facilities for the prevention, diagnosis or treatment
of human disease, pain, injury, disability, deformity or physical
condition, and for facilities incidental or appurtenant thereto as may
be prescribed by law.