Texas § 1055.205 REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS.

Texas Statutes

§ 1055.205 — REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS.

Texas § 1055.205

Code SDSpecial District Local Laws Code

This text of Texas § 1055.205 (REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS.) 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. § 1055.205 (2026).

Text

Sec. 1055.205. REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS.

(a)The board may, without an election, issue revenue bonds or make other financial arrangements payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's hospital system. The district may use the money 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 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.

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Sec. 1055.205. REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS. (a) The board may, without an election, issue revenue bonds or make other financial arrangements payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's hospital system. The district may use the money 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 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.