Arkansas Code Title 14. Local Government § 14-263-106. Contracting or leasing of hospital facilities

(a)(1) Should the board of governors determine that it would be in the best interests of the citizens of the county that the hospital be operated or leased to an individual, a firm, or a corporation, the board of governors may contract or lease the equipment and hospital facilities to the individual, firm, or corporation for a period of time and for consideration and conditions the board of governors may deem wise, subject to approval of the contract or lease by the county judge and the quorum court of the county in which the hospital is located.

(2) With the recommendation of the board of governors, the county may be the lessor of the hospital rather than the board.

(3) Once a lease has been entered into by the county rather than the board of governors, there shall be no requirement for a future recommendation by the board of governors for a subsequent lease by the board of governors before entering into the lease, and the county may enter into contracts concerning the hospital without the recommendation of the board of governors.

(1) Renewal or extension of the lease; or

(2) Any conflicts that may arise pertaining to the lease or the lessee.

(d)(1) This section applies to all hospital leases adopted before July 31, 2007, adopted or entered under the authority of this section.

(2) All such leases adopted or entered into before July 31, 2007, shall be considered for all purposes as if adopted or entered into under this section.

(3) A lease adopted before July 31, 2007, shall not be held to be invalid by reason of § 14-263-103 and this section.