Tex. Spec. Dist. Local Laws Code § 1055.201 · Subchapter E. BONDS AND OTHER FINANCIAL ARRANGEMENTS
GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may issue and sell general obligation bonds, secure long-term loans, or make other financial arrangements as district obligations in the name and on the faith and credit of the district. The money shall be used for any purpose relating to:
(1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements;
(2) equipping buildings or improvements for hospital purposes; and
(3) the operation of the district.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1055.htm
- Text hash
- sha256 274c62e9149938e8a20dd5cbbda5c9ee049b7de7fad8ef186f65bdc76b5b5fcf
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 1055.201. Each shows the citation as that text prints it.
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