Section 284.031 - Authority to Issue(a) A hospital district created in accordance with Article IX, Section 9, of the Texas Constitution may issue revenue bonds to:(1) acquire, construct, repair, renovate, or equip buildings and improvements for hospital purposes; and(2) acquire sites for hospital purposes.(b) The hospital district may refund revenue bonds previously issued for the purposes specified by Subsection (a).(c) The bonds must be payable from and secured by a pledge of all or part of district revenues from operation of a hospital. The bonds may also be secured by a mortgage or deed of trust lien on all or part of the district's property.(d) The bonds must be issued in accordance with Sections 264.042-264.047(a), 264.048, and 264.049, and with the effect specified by Section 264.050.Tex. Health and Safety Code § 284.031
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.