California Health and Safety Code

§ 32121.4

HSC § 32121.4 Effective Oct 4, 1993Div. 23 · Ch. 2 · Art. 2

Statute text

Notwithstanding any other provision of law, a hospital district or any affiliated nonprofit corporation, upon a finding by the board of directors of the district that it will be in the best interests of the district to provide additional diversification of facilities, may lease and operate the realty, facilities, and business of another hospital district in California, or create a leasehold interest in its own realty, improvements, and business in favor of another hospital district, if all of the following apply:

(a)That the lease when taken together with any extensions of the lease shall not exceed a total of 30 years.

(b)That the lessee district shall not finance any capital improvements through the use of the lessor district’s credit.

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Legislative history

Amended by Stats. 1993, Ch. 698, Sec. 2. Effective October 4, 1993.