{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1004.254","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1004.254","heading":"REVENUE BONDS.","body":"(a) The board may issue revenue bonds to:\n(1) acquire, purchase, construct, repair, renovate, or equip buildings or improvements for hospital purposes;\n(2) acquire sites to be used for hospital purposes; or\n(3) acquire and operate a mobile emergency medical service to assist the district in carrying out its hospital purposes.\n(b) The bonds must be payable from and secured by a pledge of all or part of the revenues derived from the operation of the district's hospital system.\n(c) The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of the district property.\n(d) The bonds must be issued in the manner provided by Sections 264.042, 264.043, and 264.046-264.049, Health and Safety Code, for issuance of revenue bonds by county hospital authorities.\nAdded by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1004. BALLINGER MEMORIAL HOSPITAL DISTRICT","SUBCHAPTER F. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1004.htm#1004.254","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"3b75f7ce5df139b100892201b09fa02a03fd4f8117d5d7be6ed8936acf1fef4b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1004.253","next":"us-tx/tex.-special-district-local-laws-code-1004.255"},"notice":"GroundRules: Original legal text. Not legal advice."}
