Sec. 285.027. OTHER BONDS. (a) Bonds constituting a junior lien on the net revenues may be issued unless prohibited by the bond order or the trust indenture.
(b) Parity bonds may be issued under conditions specified in the bond order or trust indenture.
(c) The county may issue bonds to refund outstanding bonds in the same manner that other bonds are issued under this subchapter.
(d) Refunding bonds issued under this section may be exchanged for previous bonds by the comptroller or may be sold. If the bonds are sold, the proceeds shall be applied to the payment of outstanding bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 285 - Special Provisions Relating to Hospital Districts
Subchapter B. Parking Stations Near Hospitals in Counties of at Least 1.5 Million
Section 285.022. Authority to Construct, Improve, Operate, and Lease Parking Station
Section 285.023. Authority to Issue Revenue Bonds; Security
Section 285.024. Form and Execution of Bonds
Section 285.026. Approval and Registration of Bonds
Section 285.028. Use of Proceeds; Initial Costs