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Current as of January 01, 2023 | Updated by Findlaw Staff
Notwithstanding this Article or any other applicable State law, a municipality or hospital authority, or a nonprofit corporation controlled or established by a municipality or hospital authority, may enter into any transaction or agreement with a political subdivision of the State established under G.S. 116-350.5, or any of that political subdivision's component units or System affiliates, for the direct or indirect lease, sale, conveyance, assignment, or acquisition of, or acceptance of membership interest in, a hospital facility or any part of a hospital facility. No party to a transaction or agreement permitted by this section is required to comply with G.S. 131E-8, 131E-13, or 131E-14 in conjunction with entering into or effectuating any such transaction or agreement.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 131E. Health Care Facilities and Services § 131E-14.3. Lease or sale of hospital facilities to certain political subdivisions - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-131e-health-care-facilities-and-services/nc-gen-st-sect-131e-14-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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