Tex. Health & Safety Code § 262.041 · Subchapter D. BONDS
REVENUE BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority may issue revenue bonds to provide funds for any of the authority's purposes, including the purposes described by Sections 262.0331 and 262.034, regardless of whether the authority owns or operates a hospital.
(b) Revenue bonds must be payable from, and secured by a pledge of, revenues from:
(1) the operation of one or more hospitals and any other revenues from the ownership or investment of hospital property; or
(2) any initiative described by Section 262.0331 or any facility or service described by Section 262.034.
(c) Additionally, revenue bonds may be secured by a mortgage or deed of trust on real property owned by the authority or by a chattel mortgage on the authority's personal property.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 349 (H.B. 3788), Sec. 5, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.262.htm
- Text hash
- sha256 49c803791ec19feb39e65c2ae38aa44c18b568d92e7cac8cfef12a8aa212a09e
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Health and Safety Code
- Tex. Health & Safety Code § 262.0331EXPENDITURE OF FUNDS FOR PUBLIC HEALTH INITIATIVES AFTER SALE OR CLOSING OF HOSPITAL.Printed as Section 262.0331 | Sections 262.0331 and 262.034
- Tex. Health & Safety Code § 262.034FACILITIES AND SERVICES FOR ELDERLY AND DISABLED.Printed as Section 262.034 | Sections 262.0331 and 262.034
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.