Texas § 1054.203 REVENUE BONDS.

Texas Statutes

§ 1054.203 — REVENUE BONDS.

Texas § 1054.203

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 1054.203 (2026).

Text

Sec. 1054.203. REVENUE BONDS.

(a)The board may issue revenue bonds to:

(1)purchase, construct, acquire, repair, equip, or renovate buildings or improvements for hospital purposes;

(2)acquire sites to be used for hospital purposes; or

(3)acquire and operate a mobile emergency medical service to assist the district in carrying out its 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 lien on all or part of district property.

(d)The bonds must be issued in the manner provided by Sections 264.042 , 264.043 , and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospi

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Sec. 1054.203. REVENUE BONDS. (a) The board may issue revenue bonds to:
(1) purchase, construct, acquire, repair, equip, or renovate buildings or improvements for hospital purposes;
(2) acquire sites to be used for hospital purposes; or
(3) acquire and operate a mobile emergency medical service to assist the district in carrying out its 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 lien on all or part of district property.
(d) The bonds must be issued in the manner provided by Sections 264.042 , 264.043 , and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by a county hospital authority.