Tex. Health & Safety Code § 284.005 · Subchapter A. ISSUANCE OF REVENUE BONDS IN COUNTIES WITH POPULATION OF AT LEAST 200,000
SALE OF BONDS; USE OF PROCEEDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The bonds may be sold in the manner, at the price, and under the terms determined and provided by the commissioners court in the order authorizing the issuance of the bonds.
(b) If permitted by the bond order, a required part of the proceeds from the bond sale may be used for:
(1) the payment of interest on the bonds during the construction of hospital facilities financed with bond proceeds;
(2) the payment of operation and maintenance expenses of those facilities to the extent and for the period specified by the bond order; and
(3) the creation of reserves for the payment of bond principal and interest.
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.284.htm
- Text hash
- sha256 652a5cd72ba6d0d3620a6487d3532ad079aea85d4eb2c88c6c36f12439292caa
- 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.