Tex. Spec. Dist. Local Laws Code Section 1099.256
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 district 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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Source: Section 1099.256 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1099.­htm#1099.­256 (accessed Jun. 5, 2024).

1099.001
Definitions
1099.002
Authority for Operation
1099.003
Essential Public Function
1099.004
District Territory
1099.005
Correction of Invalid Procedures
1099.006
District Support and Maintenance Not State Obligation
1099.007
Restriction on State Financial Assistance
1099.051
Board Election
1099.052
Notice of Election
1099.053
Qualifications for Office
1099.054
Bond
1099.055
Board Vacancy
1099.056
Officers
1099.057
Compensation
1099.058
Voting Requirement
1099.059
District Manager
1099.060
General Duties of District Manager
1099.061
Appointment and Dismissal of Staff and Employees
1099.062
Seniority
1099.101
District Responsibility
1099.102
Restriction on Political Subdivision Taxation and Debt
1099.103
Management, Control, and Administration
1099.104
Hospital System
1099.105
Rules
1099.106
Purchasing and Accounting Procedures
1099.107
District Property, Facilities, and Equipment
1099.108
Eminent Domain
1099.109
Gifts and Endowments
1099.110
Construction and Purchase Contracts
1099.111
Operating and Management Contracts
1099.112
Contracts with Governmental Entities for Hospitalization and Treatment
1099.113
Contracts with Governmental Entities for Investigatory or Other Services
1099.114
Payment for Treatment
1099.115
Authority to Sue and Be Sued
1099.151
Territory that May Be Annexed
1099.152
Petition to Annex Territory
1099.153
Election Order
1099.154
Ballot
1099.155
Notice of Election
1099.156
Election Results
1099.157
Effect of Annexation
1099.201
Budget
1099.202
Notice
1099.203
Amendments to Budget
1099.204
Restriction on Expenditures
1099.205
Fiscal Year
1099.206
Audit
1099.207
Inspection of Audit and District Records
1099.208
Financial Report
1099.209
Depository
1099.210
Spending and Investment Restrictions
1099.251
General Obligation Bonds
1099.252
Tax to Pay General Obligation Bonds
1099.253
General Obligation Bond Election
1099.254
Maturity of General Obligation Bonds
1099.255
Execution of General Obligation Bonds
1099.256
Revenue Bonds
1099.257
Refunding Bonds
1099.258
Bonds Exempt from Taxation
1099.301
Imposition of Tax
1099.302
Tax Rate
1099.303
Assessment and Collection by County Tax Assessor-collector
1099.304
Assessment and Collection by District Tax Assessor-collector

Accessed:
Jun. 5, 2024

§ 1099.256’s source at texas​.gov