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Texas Special District Local Laws Code

§ 1002.301 — GENERAL OBLIGATION BONDS

SD § 1002.301Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1002. ANGLETON-DANBURY HOSPITAL DISTRICT OF BRAZORIA COUNTY, TEXAS · Art. G. BONDS

Statute text

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(a)The board may issue and sell bonds authorized by an election in the name and on the faith and credit of the district to:
(1)purchase, construct, acquire, repair, or renovate buildings or improvements; and
(2)equip buildings or improvements for hospital purposes.
(b)The bonds shall be sold at the time, in the manner, and under the terms determined by the board.

Legislative history

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source: Texas Special District Local Laws Code § 1002.301 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.