Sec. 1111.207. REVENUE AND SPECIAL OBLIGATION BONDS. (a) The district may, without an election, issue revenue or special obligation bonds as authorized by the laws of this state relating to the issuance of revenue or special obligation bonds, including Sections 264.042-264.049 and 284.031, Health and Safety Code.
(b) Bonds issued under this section may be payable from and secured by revenue, encumbrances, and mortgages as authorized by law. Any maintenance and operating expense of the hospital system that is charged against the revenue of the system may include only items set forth and defined in the proceedings authorizing the bond issuance.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1111 - Walker County Hospital District
Section 1111.201. General Obligation Bonds
Section 1111.202. Tax to Pay General Obligation Bonds
Section 1111.203. General Obligation Bond Election
Section 1111.204. Maturity of General Obligation Bonds
Section 1111.205. Execution of General Obligation Bonds
Section 1111.206. Investment of General Obligation Bond Proceeds