Texas Health and Safety Code

§ 221.003 — DEFINITIONS

HS § 221.003Title 4. HEALTH FACILITIES · Part A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING · Ch. 221. HEALTH FACILITIES DEVELOPMENT ACT · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:

(1)"Board of directors" means the board of directors of a development corporation.

(2)"Bonds" includes notes, interim certificates, or other evidences of indebtedness of a development corporation issued under this chapter.

(3)"Cash management" means borrowing by a development corporation on behalf of a user to allow the user to manage the user's need for cash.

(4)"Cost," as applied to a health facility, includes:

(A)the cost of acquisition of land, a right-of-way, an option to purchase land, an easement, a leasehold estate in land, or another interest in land;

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Legislative history

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.