Tex. Spec. Dist. Local Laws Code Section 1038.206
Revenue Bonds

(a)

The board may issue revenue bonds to:

(1)

purchase, construct, acquire, repair, equip, or renovate buildings or improvements for hospital purposes; or

(2)

acquire sites to be used for 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 hospitals.

(c)

The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of district property.

(d)

The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Sections 264.042 (Form and Procedure), 264.043 (Terms), and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Section 1038.206 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1038.­htm#1038.­206 (accessed Jun. 5, 2024).

1038.001
Definitions 1038.002
Authority for Operation 1038.003
Essential Public Function 1038.004
District Territory 1038.005
District Support and Maintenance Not State Obligation 1038.006
Restriction on State Financial Assistance 1038.051
Board Election 1038.052
Notice of Election 1038.053
Qualifications for Office 1038.054
Bond 1038.055
Board Vacancy 1038.056
Officers 1038.057
Compensation 1038.058
Voting Requirement 1038.059
District Administrator 1038.060
General Duties of District Administrator 1038.061
Attorney 1038.062
Appointment and Recruitment of Staff and Employees 1038.063
Personnel Contracts 1038.064
Retirement Benefits 1038.101
District Responsibility 1038.102
Restriction on Political Subdivision Taxation and Debt 1038.103
Management, Control, and Administration 1038.104
Hospital System 1038.105
Rules 1038.106
Purchasing and Accounting Procedures 1038.107
District Property, Facilities, and Equipment 1038.108
Eminent Domain 1038.109
Cost of Relocating or Altering Property 1038.110
Gifts and Endowments 1038.111
Construction Contracts 1038.112
Operating and Management Contracts 1038.113
Interlocal Agreement 1038.114
Contracts with Governmental Entities for Care and Treatment 1038.115
Contracts with Governmental Entities for Investigatory or Other Services 1038.116
Payment for Treatment 1038.117
Nonprofit Corporation 1038.118
Authority to Sue and Be Sued 1038.151
Budget 1038.152
Notice 1038.153
Amendments to Budget 1038.154
Restriction on Expenditures 1038.155
Fiscal Year 1038.156
Annual Audit 1038.157
Inspection of Annual Audit and District Records 1038.158
Financial Report 1038.159
Depository 1038.160
Spending and Investment Restrictions 1038.161
Authority to Borrow Money 1038.201
General Obligation Bonds 1038.202
Tax to Pay General Obligation Bonds 1038.203
Bond Election 1038.204
Maturity of General Obligation Bonds 1038.205
Execution of General Obligation Bonds 1038.206
Revenue Bonds 1038.207
Refunding Bonds 1038.208
Additional Means of Securing Repayment of Bonds 1038.209
Use of Bond Proceeds 1038.210
Bonds Exempt from Taxation 1038.251
Imposition of Ad Valorem Tax 1038.252
Tax Rate 1038.253
Tax Assessor-collector 1038.301
Dissolution 1038.302
Notice of Election 1038.303
Ballot 1038.304
Election Results 1038.305
Transfer or Administration of Assets 1038.306
Sale or Transfer of Assets and Liabilities 1038.307
Imposition of Tax and Return of Surplus Taxes 1038.308
Report
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1038.206’s source at texas​.gov