Sec. 6. (a) There is created in a county containing a consolidated city a distinct municipal corporation known as “The Health and Hospital
Corporation of _________ County”.
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Terms Used In Indiana Code 16-22-8-6
- 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.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(1) Sue and be sued in a court of competent jurisdiction.
(2) Enter into contracts.
(3) Acquire and dispose of real, personal, and mixed property by deed, purchase, gift, grant, devise, lease, condemnation, or otherwise.
(4) Make and adopt appropriate ordinances, regulations, orders, rules, and resolutions.
(5) Do all things reasonable or necessary to carry out the work and perform the corporation’s duties under this chapter.
[Pre-1993 Recodification Citation: 16-12-21-2.]
As added by P.L.2-1993, SEC.5.
