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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Health and Safety Code § 221.064: SALE.

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Where this section sits in the code
  1. HEALTH AND SAFETY CODE
  2. TITLE 4. HEALTH FACILITIES
  3. SUBTITLE A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING HEALTH FACILITIES
  4. CHAPTER 221. HEALTH FACILITIES DEVELOPMENT ACT
  5. SUBCHAPTER C. BONDS

(a) A development corporation shall sell at a public or private sale the bonds at the price it determines.

(b) The net effective interest rate on the bonds, computed according to Chapter 1204, Government Code, may not exceed the maximum annual interest rate established for business loans of $250,000 or more in this state.

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.249, eff. Sept. 1, 2001.

Collected 2026-08-27T01:47:17Z. Source file · JSON

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