Texas § 223.012 TITLE TO PROJECTS.

Texas Statutes

§ 223.012 — TITLE TO PROJECTS.

Texas § 223.012

Code HSHealth and Safety Code

This text of Texas § 223.012 (TITLE TO PROJECTS.) 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. § 223.012 (2026).

Text

Sec. 223.012. TITLE TO PROJECTS.

(a)An issuer may vest title to a hospital project provided under this chapter in a nonprofit organization.

(b)If the issuer vests the title in a nonprofit organization, it may retain a mortgage interest in the hospital project. The mortgage interest expires when all bonds of the issuer sold to provide the hospital project are paid or provision has been made for their final payment.

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Sec. 223.012. TITLE TO PROJECTS. (a) An issuer may vest title to a hospital project provided under this chapter in a nonprofit organization.
(b) If the issuer vests the title in a nonprofit organization, it may retain a mortgage interest in the hospital project. The mortgage interest expires when all bonds of the issuer sold to provide the hospital project are paid or provision has been made for their final payment.