Tex. Health & Safety Code Section 264.041
Revenue Bonds

(a)

The authority may issue revenue bonds to provide funds for any of the authority’s purposes.

(b)

Revenue bonds must be payable from, and secured by a pledge of, revenues from the operation of one or more hospitals and any other revenues from owning hospital property. Additionally, revenue bonds may be secured by a mortgage or deed of trust on real property owned by the authority or by a chattel mortgage on the authority’s personal property.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 264.041 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­264.­htm#264.­041 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 264.041’s source at texas​.gov