Texas § 221.011 AUTHORITY TO CREATE.

Texas Statutes

§ 221.011 — AUTHORITY TO CREATE.

Texas § 221.011

Code HSHealth and Safety Code

This text of Texas § 221.011 (AUTHORITY TO CREATE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Health and Safety Code Code Ann. § 221.011 (2026).

Text

Sec. 221.011. AUTHORITY TO CREATE.

(a)A sponsoring entity may create one or more nonmember, nonstock development corporations for the sole public purpose of acquiring, constructing, providing, improving, financing, and refinancing a health facility to assist the maintenance of public health.

(b)The sponsoring entity may use the development corporation to:

(1)provide a health facility to promote and develop health care, research, and education for the public purpose of promoting the health and welfare of state citizens; and

(2)issue bonds on the sponsoring entity's behalf to finance the cost of the health facility.

(c)The sponsoring entity may not lend its credit or grant public money or other thing of value in aid of a development corporation.

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Sec. 221.011. AUTHORITY TO CREATE. (a) A sponsoring entity may create one or more nonmember, nonstock development corporations for the sole public purpose of acquiring, constructing, providing, improving, financing, and refinancing a health facility to assist the maintenance of public health.
(b) The sponsoring entity may use the development corporation to:
(1) provide a health facility to promote and develop health care, research, and education for the public purpose of promoting the health and welfare of state citizens; and
(2) issue bonds on the sponsoring entity's behalf to finance the cost of the health facility.
(c) The sponsoring entity may not lend its credit or grant public money or other thing of value in aid of a development corporation.