48-5543. Lease provisions
A lease of the hospital, a freestanding urgent care center, a medical clinic or a nursing care institution and their equipment shall:
1. Extend for a term of at least one year but not more than twenty years to be determined by the board of directors.
2. Be executed to a nonprofit corporation organized under title 10, chapters 24 through 40 for the purpose of conducting a hospital, a freestanding urgent care center, a medical clinic or a nursing care institution, combined hospital, nursing care institution and ambulance service or a combined freestanding urgent care center and ambulance service.
3. Provide for rent on terms and in an amount that are determined to be reasonable by the board of directors.
Section: Previous 48-5504 48-5505 48-5506 48-5507 48-5541 48-5541.01 48-5542 48-5543 48-5544 48-5561 48-5561.01 48-5562 48-5563 48-5564 48-5565 NextLast modified: October 13, 2016