Texas Special District Local Laws Code

§ 1067.206 — REVENUE BONDS

SD § 1067.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1067. MUENSTER HOSPITAL DISTRICT · Art. E. BONDS

(a)The district may issue revenue bonds to:

(1)purchase, construct, acquire, repair, or renovate buildings or improvements;

(2)equip buildings or improvements for hospitals and the hospital system;

(3)acquire sites to be used for hospital purposes; or

(4)operate a mobile emergency medical service to assist the district in carrying out its hospital purposes.

(b)The bonds must be payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's hospital system.

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Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.