N.Y. Public Health Law 403 – Hospitals; property; authority to acquire and to hold
§ 403. Hospitals; property; authority to acquire and to hold. 1. The following state hospitals are hereby continued in the department for the purposes for which they have been respectively established:
Terms Used In N.Y. Public Health Law 403
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- 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
(a) The Helen Hayes hospital;
(b) Roswell Park Cancer Institute;
(c) The New York state home for veterans and their dependents at Oxford;
(d) The New York state home for veterans in the city of New York;
(e) The New York state home for veterans in western New York;
(f) The New York state home for veterans in the lower-Hudson Valley.
2. Notwithstanding any other inconsistent provisions of law, including, but not limited to, Article 4-C of the economic development law, and subject to the provisions of any lease, loan agreement or other agreement with the dormitory authority of the state of New York or any predecessor or successor agency or corporation, the commissioner, with the approval of the director of the budget, may contract with the Roswell Park Cancer Institute corporation, for the transfer of the operations of the Roswell Park Cancer Institute or any part thereof, practice plan or of any other program operated by such hospital. Such contract shall include terms and conditions under which the Roswell Park Cancer Institute corporation may issue bonds, notes or other evidences of indebtedness. Payments made pursuant to such contract or any other contracts between the department of health and the Roswell Park Cancer Institute corporation shall be limited to amounts made available pursuant to appropriations. Upon the transfer of the operations of Roswell Park Cancer Institute to the Roswell Park Cancer Institute corporation, the Roswell Park Cancer Institute corporation shall operate the Roswell Park Cancer Institute for the department in accordance with the terms of any lease or other agreement between the department and the dormitory authority pertaining to the use, operation, maintenance and replacement of Roswell Park Cancer Institute.