Tex. Spec. Dist. Local Laws Code § 1074.203 · Subchapter E. BONDS
REVENUE BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may issue revenue bonds to:
(1) purchase, construct, acquire, repair, equip, or renovate a building or improvement for hospital purposes;
(2) acquire a site for hospital purposes; or
(3) acquire and operate a mobile emergency service to assist the district in carrying out its hospital purposes.
(b) The bonds must be payable from and secured by a pledge of all or part of district revenue derived from the operation of the district's hospital system.
(c) The bonds may be additionally secured by a mortgage or deed of trust lien on all or any part of district property.
(d) The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Chapter 264, Health and Safety Code, for the issuance of revenue bonds by a county hospital authority.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1074.htm
- Text hash
- sha256 fc751670b8fc67d884d14618550bf4baa621912cd8e825c26c60e488345a394a
- 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
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