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Texas Health and Safety Code

§ 284.010 — REFUNDING BONDS AND REFINANCING

HS § 284.010Title 4. HEALTH FACILITIES · Part D. HOSPITAL DISTRICTS · Ch. 284. SPECIAL PROVISIONS RELATING TO HOSPITAL DISTRICT BONDS · Art. A. ISSUANCE OF REVENUE BONDS IN COUNTIES WITH POPULATION OF AT LEAST 200,000

Statute text

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(a)Revenue bonds issued by the commissioners court under this subchapter or under any other statute of this state and payable from hospital facility revenue may be refunded or otherwise refinanced by the commissioners court.
(b)The provisions of this subchapter pertinent and appropriate to the issuance of revenue bonds generally apply to the refunding bonds.
(c)In issuing refunding bonds or in refinancing revenue bonds, the commissioners court in the same authorizing proceedings may:
(1)refund or refinance bonds issued under this subchapter and bonds issued under another statute of this state and combine the refunding bonds with other new bonds to be issued under those laws into one or more issues or series of bonds; and
(2)provide for the subsequent issuance of additional parity, subordinate lien, or other bonds.
(d)Refunding bonds shall be issued and delivered under the terms and conditions stated in the authorizing proceedings.

Legislative history

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

Source: Texas Health and Safety Code § 284.010 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.