{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1013.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1013.206","heading":"REVENUE BONDS.","body":"(a) The board may issue revenue bonds in the name and on the faith and credit of the district to:\n(1) purchase, construct, acquire, repair, or renovate buildings or improvements;\n(2) equip buildings or improvements for hospital purposes; or\n(3) acquire real property for hospital purposes.\n(b) The bonds must be payable from and secured by a pledge of all or part of the revenue 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 on all or part of 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 a county hospital authority.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1013. CASTRO COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1013.htm#1013.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"b9c108e540e420320152b335e851ee469e4e416aef7c17515768cbcede5eedae","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1013.205","next":"us-tx/tex.-special-district-local-laws-code-1013.207"},"notice":"GroundRules: Original legal text. Not legal advice."}