Tex. Ins. Code § 2203.354

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2203.354 - Issuance of Bonds Authorized

On behalf of the association and subject to Section 2203.355, the Texas Public Finance Authority shall issue revenue bonds to:

(1) fund the policyholder's stabilization reserve fund for nursing homes and assisted living facilities under Section 2203.303;

(2) pay costs related to issuing the bonds; and

(3) pay other costs related to the bonds as determined by the board.

Tex. Ins. Code § 2203.354

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 2, eff. 4/1/2007.