Texas § 1103.2045 REVENUE BONDS.

Texas Statutes

§ 1103.2045 — REVENUE BONDS.

Texas § 1103.2045

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 1103.2045 (2026).

Text

Sec. 1103.2045. REVENUE BONDS.

(a)The board may issue revenue bonds to:

(1)purchase, construct, acquire, repair, or renovate buildings or improvements;

(2)equip buildings or improvements for hospital purposes; or

(3)acquire real property for hospital purposes.

(b)Revenue 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)Revenue bonds may be additionally secured by a mortgage or deed of trust on all or part of district property.

(d)Revenue bonds must be issued in the manner provided 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. 1103.2045. REVENUE BONDS. (a) The board may issue revenue bonds to:
(1) purchase, construct, acquire, repair, or renovate buildings or improvements;
(2) equip buildings or improvements for hospital purposes; or
(3) acquire real property for hospital purposes.
(b) Revenue 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) Revenue bonds may be additionally secured by a mortgage or deed of trust on all or part of district property.
(d) Revenue bonds must be issued in the manner provided 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.