Texas § 1040.207 REVENUE BONDS.

Texas Statutes

§ 1040.207 — REVENUE BONDS.

Texas § 1040.207

Code SDSpecial District Local Laws Code

This text of Texas § 1040.207 (REVENUE BONDS.) 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. Special District Local Laws Code Code Ann. § 1040.207 (2026).

Text

Sec. 1040.207. REVENUE BONDS.

(a)The board may issue revenue bonds to:

(1)purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospitals and the hospital system; 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 hospital system.

(c)The bonds may be additionally secured by a mortgage or deed of trust on all or part of the district's property.

(d)The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Sections 264.042 , 264.043 , 264.046 , 264.047 , 264.048 , and 264.049 , Health and Safety Code, for issuance of revenue bonds by a county hospital authority.

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Sec. 1040.207. REVENUE BONDS. (a) The board may issue revenue bonds to:
(1) purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospitals and the hospital system; 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 hospital system.
(c) The bonds may be additionally secured by a mortgage or deed of trust on all or part of the district's property.
(d) The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Sections 264.042 , 264.043 , 264.046 , 264.047 , 264.048 , and 264.049 , Health and Safety Code, for issuance of revenue bonds by a county hospital authority.