Texas Special District Local Laws Code
Sec. § 1068.204
Revenue Bonds


The board may issue revenue bonds to:


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


acquire sites to be used for hospital purposes; or


acquire and operate a mobile emergency medical service to assist the district in carrying out its hospital purposes.


The bonds must be payable from and secured by a pledge of all or part of the revenue derived from the operation of the districts hospital system.


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


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.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Last accessed
Dec. 14, 2019