Sec. 265.0179. PERMISSIBLE USES OF LOAN PROCEEDS. The proceeds from a loan under Section 265.0177 may be used to pay costs related to the acquisition, construction, rehabilitation, and equipping of a hospital facility, including costs related to the acquisition of real property and any other improvement considered necessary and appropriate by the board of managers.
Added by Acts 2003, 78th Leg., ch. 719, Sec. 1, eff. June 20, 2003.
Structure Texas Statutes
Chapter 265 - Joint Municipal and County Hospitals
Subchapter B. Joint Hospital With Board of Managers
Section 265.011. Establishment of Hospital by Commissioners Court and Municipal Governing Body
Section 265.013. Board of Managers
Section 265.016. Financial Statement; Budget
Section 265.017. Issuance of Revenue Bonds
Section 265.0171. Repayment of Bonds
Section 265.0172. Additional Security for Bonds
Section 265.0174. Bonds Not Payable From Taxes
Section 265.0175. Sale of Bonds
Section 265.0176. Refunding Bonds
Section 265.0177. Authority to Borrow Money
Section 265.0178. Pledge of Security
Section 265.0179. Permissible Uses of Loan Proceeds
Section 265.018. Hospital Property
Section 265.0181. Transfer of Property
Section 265.019. Use of Earnings or Assets for Private Purposes Prohibited