Texas Special District Local Laws Code
§ 1043.206 — REVENUE BONDS
SD § 1043.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1043. HOPKINS COUNTY HOSPITAL DISTRICT · Art. E. BONDS
Statute text
View on source(a)The board may issue revenue bonds to:
(1)purchase, construct, acquire, repair, or renovate buildings or improvements, including necessary equipment and furnishings, for hospital purposes and the hospital system;
(2)acquire sites to be used for hospital purposes; or
(3)acquire and operate a mobile emergency medical or air ambulance service to assist the district in carrying out its hospital purpose.
(b)The bonds may be secured by a mortgage or deed of trust lien on all or part of district property.
(c)The bonds must be issued in the manner provided by Sections 264.042, 264.043, and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.