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Texas Special District Local Laws Code

§ 1015.201 — GENERAL OBLIGATION BONDS

SD § 1015.201Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1015. FAIRFIELD HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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If authorized by an election, the board may issue and sell general obligation bonds 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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1015.201 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.