Tex. Health & Safety Code § 223.027 · Subchapter C. HOSPITAL PROJECT BONDS
DEDICATED REPAYMENT REVENUE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The principal of, any redemption premium for, and interest on hospital project bonds are payable from and secured, as specified by the resolution of the governing body or in any trust agreement or other instrument securing the bonds, by a pledge of all or part of the revenues of the issuer to be derived from:
(1) the ownership, operation, lease, use, mortgage, or sale of the hospital project for which the bonds have been issued; or
(2) other revenues provided by a nonprofit organization.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.223.htm
- Text hash
- sha256 bacc82d83906b5201109c9f9d52325eff31dd3c9c004ba0e73f9f68da0f5702e
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.