Tex. Health & Safety Code § 265.0176 · Subchapter B. JOINT HOSPITAL WITH BOARD OF MANAGERS
REFUNDING BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board of managers may refund bonds issued under this subchapter by issuing refunding bonds under terms approved by the board.
(b) All appropriate provisions of this subchapter apply to the refunding bonds. The refunding bonds shall be issued in the manner provided by this subchapter for issuing other bonds.
(c) The refunding bonds may be sold and delivered in amounts sufficient to pay the principal of and interest and any redemption premium on the bonds to be refunded, at maturity or on any redemption date.
(d) The refunding bonds may be issued to be exchanged for the bonds being refunded by them. In that case, the comptroller shall register the refunding bonds and deliver them to the holder of the bonds being refunded as approved by the board. The exchange may be made in one delivery or in installment deliveries.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 151, Sec. 1, eff. May 16, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.265.htm
- Text hash
- sha256 de49400c366b54b2f1f0e744bd96cd7de518c6b2bdb8ea797e57b7fefa78ea35
- 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.