Kansas Statutes Chapter 76. State Institutions and Agencies; Historical Property § 76-3309. Transfer or lease of hospital assets to authority from regents; compensation of authority for service by medical center; agreement; liabilities

(a) Following the creation of the authority and on the transfer date or transfer dates under this act, the regents shall have the authority to lease, convey, or otherwise transfer to the authority some or all hospital assets, except land which may be leased to the authority for a nominal amount for a term not to exceed 99 years. Any such lease, conveyance or transfer shall be on such terms as may be approved by the regents, in exchange for the authority's agreement to assume the hospital obligations and to support the education, research, patient care, care to the medically indigent and public service activities of the university of Kansas medical center. The authority may be compensated by the university of Kansas medical center for such services from moneys appropriated by the legislature to the university of Kansas medical center for such purposes or directly to the authority for such services.

(b) Any such lease, conveyance or transfer of hospital assets to the authority shall be conditioned upon the existence of a binding agreement between the regents and the authority which provides that effective on the transfer date under this act and thereafter, the authority shall assume responsibility for and shall defend, indemnify and hold harmless the regents and the state and the university of Kansas and its officers and directors with respect to:

(c) Any lease, conveyance or transfer of hospital assets to the authority shall be further conditioned upon the existence of a binding agreement between the regents and the authority by which the authority shall accept and agree to abide by the provisions set forth in K.S.A. 76-3302, and amendments thereto, concerning the mission of the authority and the provisions in K.S.A. 76-3311, and amendments thereto, concerning employees of the university hospital.

(d) Any disputes that arise in the transfer of property from the university to the authority shall be resolved by the governor.