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

Tex. Health and Safety Code § 262.046: JUNIOR LIEN BONDS; PARITY BONDS.

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Where this section sits in the code
  1. HEALTH AND SAFETY CODE
  2. TITLE 4. HEALTH FACILITIES
  3. SUBTITLE C. LOCAL HOSPITALS
  4. CHAPTER 262. MUNICIPAL HOSPITAL AUTHORITIES
  5. SUBCHAPTER D. BONDS

(a) Bonds constituting a junior lien on the revenues or properties may be issued unless prohibited by the bond resolution or the trust indenture.

(b) Parity bonds may be issued under conditions specified by the bond resolution or trust indenture.

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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