Tex. Spec. Dist. Local Laws Code Section 1081.204
Revenue Bonds

(a)

The board may issue revenue bonds to:

(1)

purchase, construct, acquire, repair, renovate, or equip 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), 264.046 (Junior Lien Bonds; Parity Bonds), 264.047 (Bond Proceeds; Investment of Funds), 264.048 (Refunding Bonds), and 264.049 (Approval and Registration of Bonds), Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Source: Section 1081.204 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1081.­htm#1081.­204 (accessed May 4, 2024).

1081.001
Definitions 1081.002
Authority for Operation 1081.003
Essential Public Function 1081.004
District Territory 1081.005
Correction of Invalid Procedures 1081.006
District Support and Maintenance Not State Obligation 1081.007
Restriction on State Financial Assistance 1081.051
Board Election 1081.052
Qualifications for Office 1081.053
Board Vacancy 1081.054
Officers 1081.055
Compensation 1081.056
Quorum 1081.057
Voting Requirement 1081.058
Chief Executive Officer 1081.059
General Duties of Chief Executive Officer 1081.060
Appointment of Staff and Employees 1081.101
District Responsibility 1081.102
Restriction on Political Subdivision Taxation and Debt 1081.103
Management, Control, and Administration 1081.104
Hospital System 1081.105
Rules 1081.106
Purchasing and Accounting Procedures 1081.107
District Property, Facilities, and Equipment 1081.108
Eminent Domain 1081.109
Gifts and Endowments 1081.110
Construction Contracts 1081.111
Operating and Management Contracts 1081.112
Contracts with Governmental Entities for Hospitalization 1081.113
Contracts with Governmental Entities for Investigatory and Other Services 1081.114
Care and Treatment for Indigent 1081.115
Authority to Sue and Be Sued 1081.151
Budget 1081.152
Notice 1081.153
Amendments to Budget 1081.154
Restriction on Expenditures 1081.155
Fiscal Year 1081.156
Audit 1081.157
Inspection of Audit and District Records 1081.158
Financial Report 1081.159
Depository 1081.160
Spending and Investment Restrictions 1081.202
Tax to Pay General Obligation Bonds 1081.203
General Obligation Bond Election 1081.204
Revenue Bonds 1081.205
Maturity of Bonds 1081.206
Execution of Bonds 1081.207
Bonds Exempt from Taxation 1081.251
Imposition of Ad Valorem Tax 1081.252
Tax Rate 1081.253
Tax Assessor-collector 1081.301
Dissolution 1081.302
Notice of Election 1081.303
Ballot 1081.304
Election Results 1081.305
Transfer or Administration of Assets 1081.306
Imposition of Tax and Return of Surplus 1081.307
Report
Green check means up to date. Up to date

Accessed:
May 4, 2024

§ 1081.204’s source at texas​.gov