Sec. 265.044. PARITY AND SUBORDINATE LIEN BONDS. The directors may provide in the authorization of the revenue bonds for the subsequent issuance of additional parity bonds or subordinate lien bonds under terms set by the board in the proceedings authorizing the issuance of the revenue bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Chapter 265 - Joint Municipal and County Hospitals
Subchapter D. Joint County-Municipal Hospital Boards
Section 265.031. Creation of Board
Section 265.032. Appointment of Board
Section 265.034. Authority of Board
Section 265.037. Hospital Facilities; Other Property
Section 265.038. Contracts for Hospital Services
Section 265.040. Authority to Issue Revenue Bonds
Section 265.041. Terms of Bonds
Section 265.042. Pledge of Security
Section 265.043. Sale and Use of Proceeds
Section 265.044. Parity and Subordinate Lien Bonds
Section 265.045. Notice; Petition for Election
Section 265.046. Refunding Bonds
Section 265.047. Examination, Approval, and Registration of Bonds
Section 265.048. Legal Investments; Security for Deposits
Section 265.049. Charges for Services and Facilities