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

Tex. Health and Safety Code § 223.030: TEMPORARY OBLIGATIONS.

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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 223. HOSPITAL PROJECT FINANCING ACT
  5. SUBCHAPTER C. HOSPITAL PROJECT BONDS

(a) Before the issuance of definitive bonds, the issuer may issue interim receipts or temporary bonds, with or without coupons, exchangeable for definitive bonds when those bonds are executed and are available for delivery.

(b) The term of an interim receipt or temporary bond may not be more than two years.

(c) The issuer shall submit the interim receipts or temporary bonds to the attorney general in accordance with Section 223.031.

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

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

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