Sec. 284.010. REFUNDING BONDS AND REFINANCING. (a) Revenue bonds issued by the commissioners court under this subchapter or under any other statute of this state and payable from hospital facility revenue may be refunded or otherwise refinanced by the commissioners court.
(b) The provisions of this subchapter pertinent and appropriate to the issuance of revenue bonds generally apply to the refunding bonds.
(c) In issuing refunding bonds or in refinancing revenue bonds, the commissioners court in the same authorizing proceedings may:
(1) refund or refinance bonds issued under this subchapter and bonds issued under another statute of this state and combine the refunding bonds with other new bonds to be issued under those laws into one or more issues or series of bonds; and
(2) provide for the subsequent issuance of additional parity, subordinate lien, or other bonds.
(d) Refunding bonds shall be issued and delivered under the terms and conditions stated in the authorizing proceedings.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 284 - Special Provisions Relating to Hospital District Bonds
Subchapter A. Issuance of Revenue Bonds in Counties With Population of at Least 200,000
Section 284.001. Authority to Issue; Form of Bonds
Section 284.003. Approval and Registration of Bonds
Section 284.005. Sale of Bonds; Use of Proceeds
Section 284.006. Investment of Bond Proceeds
Section 284.007. Legal Investments
Section 284.008. Security for Deposits
Section 284.009. Authority to Issue Subsequent Bonds
Section 284.010. Refunding Bonds and Refinancing
Section 284.011. Taxes to Pay Operating and Maintenance Expenses
Section 284.012. Authority of District Governing Body in Absence of Ad Valorem Tax
Section 284.013. Annual Budget