Sec. 263.024. HOSPITAL REVENUE BONDS. (a) A county may issue revenue bonds for:
(1) acquiring, constructing, repairing, equipping, or renovating buildings and improvements for county hospital purposes; or
(2) acquiring land for county hospital purposes.
(b) The county may issue bonds to refund previously issued revenue bonds.
(c) The revenue bonds shall be payable from and secured by a pledge of all or a part of the revenues of the county derived from the operation of the hospital. The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of the county's hospital property.
(d) The revenue bonds must be issued in accordance with Sections 264.042-264.047(a), 264.048, and 264.049, and with the effect specified by Section 264.050.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Chapter 263 - County Hospitals and Other Health Facilities
Subchapter B. Establishing, Enlarging, Selling, and Closing County Hospitals
Section 263.021. Establishing or Enlarging Hospital on Petition; Submission of Bond Proposition
Section 263.022. Powers and Duties of Commissioners Court After Passage of Bond Proposition
Section 263.023. Construction of Hospital to Avoid Inadequate Care in Certain Counties
Section 263.024. Hospital Revenue Bonds
Section 263.025. Hospital Operating Funds Used for Improvements in Counties of 24,500 to 25,500
Section 263.026. Health Unit or Center in County With Population Greater Than 100,000
Section 263.027. Approval of Construction or Repair
Section 263.028. Contract for Care
Section 263.029. Sale or Lease of Hospital