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Mich. Comp. Laws § 331.77b

Resolution authorizing issuance of bonds or notes; determination and consideration of conditions

Add. 1994, Act 428, Imd

Sec. 47b. In addition to the other requirements of this act, before a state or local authority adopts a resolution authorizing the issuance of bonds or notes and as a condition precedent for the authority to issue the bonds or notes to finance project costs for nursing homes, the state or local authority shall attempt to determine and consider all of the following: (a) Whether the nursing home has a ban on admissions to that nursing home. (b) Whether the nursing home is medicaid certified.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.