Tex. Spec. Dist. Local Laws Code § 1002.306 · Subchapter G. BONDS
REVENUE BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may issue revenue bonds to:
(1) purchase, construct, repair, renovate, or acquire buildings, sites, or improvements and equip buildings, sites, or improvements for hospitals and the hospital system; and
(2) establish and maintain office facilities for staff physicians under Section 1002.058.
(b) The bonds must be payable from and secured by a pledge of all or part of the revenues derived from the operation of the district's hospital system, including district facilities.
(c) Bonds issued under Subsection (a)(1) may be additionally secured by a mortgage or deed of trust lien on all or part of the district property.
(d) Bonds issued under Subsection (a)(1) must be issued in the manner provided by Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code.
(e) Bonds issued under Subsection (a)(2) must be issued in the manner provided by Sections 264.042-264.047(a), 264.048, and 264.049, Health and Safety Code.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1002.htm
- Text hash
- sha256 a0b428ad565fb219bef9b18318282172a509282e45f7b30b1a2b5734a62e3b11
- 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 § 264.042FORM AND PROCEDURE.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code | Sections 264.042-264.047(a), 264.048, and 264.049, Health and Safety Code
- Tex. Health & Safety Code § 264.043TERMS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Health & Safety Code § 264.046JUNIOR LIEN BONDS; PARITY BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Health & Safety Code § 264.047BOND PROCEEDS; INVESTMENT OF FUNDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Health & Safety Code § 264.048REFUNDING BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Health & Safety Code § 264.049APPROVAL AND REGISTRATION OF BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code | Sections 264.042-264.047(a), 264.048, and 264.049, Health and Safety Code
Special District Local Laws Code
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