Sec. 1053.251. GENERAL OBLIGATION BONDS. The commissioners court may issue and sell general obligation bonds in the name and on the faith and credit of the district to:
(1) purchase, construct, acquire, repair, or renovate buildings or improvements for hospital purposes;
(2) equip buildings or improvements for hospital purposes; and
(3) purchase, construct, acquire, equip, or enlarge the hospital or hospital system, including medical or other health facilities for any purpose related to that activity.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1053 - Lubbock County Hospital District of Lubbock County, Texas
Section 1053.251. General Obligation Bonds
Section 1053.252. Tax to Pay General Obligation Bonds
Section 1053.253. General Obligation Bond Election