Arizona § 48-5543 - Lease provisions
Full text of Arizona Arizona Revised Statutes § 48-5543 — Lease provisions, with citation guidance and answers to common questions.
§ 48-5543. Lease provisions
A lease of the hospital, a freestanding urgent care center, a medical clinic or a nursing care institution and their equipment shall:
1. Extend for a term of at least one year but not more than twenty years to be determined by the board of directors.
2. Be executed to a nonprofit corporation organized under title 10, chapters 24 through 40 for the purpose of conducting a hospital, a freestanding urgent care center, a medical clinic or a nursing care institution, combined hospital, nursing care institution and ambulance service or a combined freestanding urgent care center and ambulance service.
3. Provide for rent on terms and in an amount that are determined to be reasonable by the board of directors.
Frequently Asked Questions About Arizona § 48-5543
What does Arizona Revised Statutes § 48-5543 cover?
Section 48-5543 ("Lease provisions") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 48-5543?
A common citation format is "Arizona Revised Statutes § 48-5543" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 48-5543 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.