34-9-11. Donation of municipal hospital property to nonprofit corporation--Use by corporation as health care facility or medical clinic.
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/sd/title-34/chapter-34-9/34-9-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to other powers granted, any municipality may by resolution give to a nonprofit corporation, real and personal property owned by the municipality and used by it in the operation of a health care facility as defined in § 34-12-1.1 or a medical clinic. However, the transfer of property shall be accepted by a majority vote of the directors of the nonprofit corporation, and the property transferred, or the proceeds from the sale thereof, shall be used by the nonprofit corporation in the operation of a health care facility as defined in § 34-12-1.1 or a medical clinic.