Section 1031.106 - District Property, Facilities, and Equipment(a) The board may:(1) purchase or lease property, including facilities or equipment, for the district to use in the health care system; and(2) mortgage or pledge the property as security for the payment of the purchase price.(b) The board may lease district health care facilities to individuals, corporations, or other legal entities for a term not to exceed 20 years.(c) The board may sell or otherwise dispose of the district's property, including facilities or equipment.Tex. Spec. Dist. Loc. Laws § 1031.106
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.