{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1055.205","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1055.205","heading":"REVENUE BONDS; OTHER FINANCIAL ARRANGEMENTS.","body":"(a) The board may, without an election, issue revenue bonds or make other financial arrangements payable from and secured by a pledge of all or part of the revenue derived from the operation of the district's hospital system. The district may use the money to:\n(1) purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospital purposes; or\n(2) acquire sites to be used for hospital purposes.\n(b) 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 1055. MARION COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS AND OTHER FINANCIAL ARRANGEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1055.htm#1055.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"57d08f88ffa49b62934c72166439453ac613769afc9f42ee44087b82233ec7f0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1055.204","next":"us-tx/tex.-special-district-local-laws-code-1055.206"},"notice":"GroundRules: Original legal text. Not legal advice."}