Sec. 1. This chapter applies to a nonprofit hospital corporation that meets the following conditions:

(1) Is established in or within one (1) mile of a city.

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Terms Used In Indiana Code 16-23-5-1

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) Is located within a county without a city or other public hospital.

(3) Has insufficient revenues derived from the care of persons able to pay for services and from all other sources to support and maintain the hospital and enable the hospital to supply the demand for hospital care and nursing in the city and community.

[Pre-1993 Recodification Citation: 16-12.2-1-1(a) part, (h).]

As added by P.L.2-1993, SEC.6.