MI SB0944

Replaces archaic legislative language throughout the section with updated phrasing (e.g., "pursuant to" becomes "under", "shall" becomes "must").

Modifies subsection (2)(c) to allow a nonprofit corporation to sell, lease, or transfer a hospital with hospital authority consent alone, eliminating the previous requirement for voter approval and market value proceeds when the nonprofit corporation transfers the hospital.

Removes subsection (2)(e) requirements that nonprofit corporations adopt policies ensuring free or discounted care for indigent persons, while retaining requirements regarding source of payment discrimination.

Adds subsection (20) allowing hospital authorities with fewer than 5,000 member population to dissolve by majority board vote if bond obligations have been defeased.

Updates statutory citations to current Michigan Compiled Laws format and adds federal tax code references (26 USC 501).