Tex. Spec. Dist. Local Laws Code § 1063.206 · Subchapter E. BONDS
REVENUE BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may issue revenue bonds or certificates of obligation or may incur or assume any other debt only if authorized by a majority of the district voters voting in an election held for that purpose. This subsection does not apply to refunding bonds or other debt incurred solely to refinance an outstanding debt.
(b) The board may issue revenue bonds to:
(1) purchase, construct, acquire, repair, renovate, or equip buildings or improvements for health care or hospital purposes; or
(2) acquire sites to be used for health care or hospital purposes.
(c) The bonds must be payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's hospital or health care facilities.
(d) The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of district property.
(e) The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1063.htm
- Text hash
- sha256 5ab038a6df5444dace482a36ad840ed04c6ba149b7ee75f3ab203b07349cb9d7
- 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
- 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
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.