GroundRules
Tex. Health and Safety Code § 223.036: BONDS AS SECURITIES.
Where this section sits in the code
- HEALTH AND SAFETY CODE
- TITLE 4. HEALTH FACILITIES
- SUBTITLE A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING HEALTH FACILITIES
- CHAPTER 223. HOSPITAL PROJECT FINANCING ACT
- SUBCHAPTER C. HOSPITAL PROJECT BONDS
(a) Bonds issued under this chapter and any interest coupons are investment securities under Chapter 8, Business & Commerce Code, and are exempt securities under The Securities Act (Title 12, Government Code).
(b) A lease agreement, sales agreement, or other contract under this chapter is not a security under The Securities Act.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.29, eff. January 1, 2022.
Collected 2026-08-27T01:47:17Z. Source file · JSON