Section 263.024 - Hospital Revenue Bonds(a) A county may issue revenue bonds for:(1) acquiring, constructing, repairing, equipping, or renovating buildings and improvements for county hospital purposes; or(2) acquiring land for county hospital purposes.(b) The county may issue bonds to refund previously issued revenue bonds.(c) The revenue bonds shall be payable from and secured by a pledge of all or a part of the revenues of the county derived from the operation of the hospital. The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of the county's hospital property.(d) The revenue 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 § 263.024
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.