Tex. Health & Safety Code Section 264.041
Revenue Bonds


The authority may issue revenue bonds to provide funds for any of the authority’s purposes.


Revenue bonds must be payable from, and secured by a pledge of, revenues from the operation of one or more hospitals and any other revenues from owning hospital property. Additionally, revenue bonds may be secured by a mortgage or deed of trust on real property owned by the authority or by a chattel mortgage on the authority’s personal property.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 264.041 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­264.­htm#264.­041 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 264.041’s source at texas​.gov